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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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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