Explain and account for revisions in depreciation. - When new or additional information becomes available, a company
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Explain and account for revisions in depreciation.
- When new or additional information becomes available, a company will revise its calculation of depreciation expense.
- A revision in depreciation will be recorded in current and future periods.
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Related Book For
Cornerstones Of Financial Accounting
ISBN: 9780176707125
2nd Canadian Edition
Authors: Jay Rich, Jefferson Jones, Maryanne Mowen, Don Hansen, Donald Jones, Ralph Tassone
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