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Net Capital Spending has been calculated at year-end prior to the accountants making the depreciation adjusting entries. Assuming the adjusting entries will increase depreciation expense,
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Financial Accounting and Reporting a Global Perspective
Authors: Michel Lebas, Herve Stolowy, Yuan Ding
4th edition
978-1408066621, 1408066629, 1408076861, 978-1408076866
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