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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 of: A)

Q1-

On your own words, describe the methods that companies can implement to depreciate plant assets. (2 Marks).

Q2-

Give a numerical example of:

A) Current liabilities.

B) Long-term liabilities (2 marks).

Q3.

What are the characteristics of corporations (1 mark).

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