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Q1 - On your own words, describe the methods that companies can implement to depreciate plant assets. (2 Marks). Q2 - Give a numerical example
Q1-
On your own words, describe the methods that companies can implement to depreciate plant assets. (2 Marks).
Q2-
Give a numerical example of:
- Current liabilities.
- Long-term liabilities (2 marks).
Q3.
What are the characteristics of corporations (1 mark).
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