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For financial accounting purposes, there are four commonly used depreciation methods. MACRS is not allowed under GAAP - only for income tax purposes. What are
For financial accounting purposes, there are four commonly used depreciation methods. MACRS is not allowed under GAAP - only for income tax purposes. What are the four methods? How is depreciation calculated under each method? What would be the journal entry for recording deporeciation expense for each method?
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