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Ganley Rental Cars recently acquired several new cars for their fleet. The cars have an estimated life of 4 years and should be driven 80,000
Ganley Rental Cars recently acquired several new cars for their fleet. The cars have an estimated life of 4 years and should be driven 80,000 miles. What is the most appropriate method of depreciation to properly match revenues and expenses?
Expense deferral | ||
Revenue recognition | ||
Units-of-production | ||
Double-declining balance | ||
Straight line |
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