August 2004
Intermediate to advanced
656 pages
15h 28m
English
Complete details of depreciation accounting are much more complex than discussed here. One complexity not discussed is the difference between single-asset (or “unit”) depreciation and multiple-asset depreciation. Another complexity is the difference between “vintage accounts,” where each year's acquisitions of a particular class are kept and depreciated separately, versus “open-ended accounts,” where all acquisitions of a particular class are merged into one. Still another complexity is “Section 179 deductions” available to small businesses.
There isn't time nor space for a full description of all the subtle nuances of depreciation accounting, nor are all the details relevant in the ...
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