Question
1. In tax depreciation, the non-residential property can use either mid-quarter or half-year convention? (True or False) 2. Once the avoidable interest has been calculated
1. In tax depreciation, the non-residential property can use either mid-quarter or half-year convention? (True or False)
2. Once the avoidable interest has been calculated from the financing involved in constructing a fixed asset, this interest will be recorded as an expense.
(True or False)
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