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Which of the following would pertain to depreciating personal property (such as equipment or furniture and fixtures) acquired during the year? A. Cost recovery period

Which of the following would pertain to depreciating personal property (such as equipment or furniture and fixtures) acquired during the year? A. Cost recovery period of 5 or 7 years. B. Cost recovery period of 27.5 or 39 years. C. Mid-month convention. D. A and C only. E. B and C only.

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