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For each of the below: (i) explain in general how they work, (ii) whether they apply to gains, losses or both, and (iii) the purpose
- For each of the below: (i) explain in general how they work, (ii) whether they apply to gains, losses or both, and (iii) the purpose of each:
- Section 1245 Depreciation Recapture
- Section 1231 Look Back Rule/Recapture
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Accounting For Non-Accounting Students
Authors: John R. Dyson, Ellie Franklin
9th Edition
978-1292128979, 1292128976
