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1. What is a depreciation schedule? 2. Compare and contrast the straight-line method, the sum of the year's method, and the declining balance method. Why

1. What is a depreciation schedule?

2. Compare and contrast the straight-line method, the sum of the year's method, and the declining balance method. Why would a company use one over another?

3. Why would a company choose to use a different depreciation method or recovery period for financial purposes than is used for tax purposes?

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