1.Explain the principles of double-entry bookkeeping.

List and compare 3 factors that Brice would consider when he was making the decision to choose between the diminishing value method or the straight-line method

Brice is aware that there is a program that allows particular businesses to instantly write off investments up to the value of $30,000 for tax purposes. Brice has some questions around this program and if he can use this program to write off all or part of his investment in the security and fire prevention system. He has decided to contact the Australian Tax Office (ATO) to clarify a few points about the program. Advise Brice on what would be the best method to use to communicate with the ATO on this matter