Under what circumstances is an assets depreciation amount not included in total in a companys current income

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Under what circumstances is an asset’s depreciation amount not included in total in a company’s current income statement?

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Intermediate Accounting

ISBN: 978-0324300987

10th Edition

Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones

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Question Posted: Mar 12, 2012 03:36 AM

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Under what circumstances is an assets depreciation amount not included in total in a companys current income

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A manufacturing company debits depreciation on manufacturing assets to a Work in Proce...View the full answer

Intermediate Accounting

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