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Depreciation

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Expertsland delivers top-notch Budgeting and Analysis answers to your questions on Depreciation. Get Depreciation answers from the best Accounting experts in the world available at ExpertsLand 24*7. Ask a professional immediately to get advices on Depreciation.

Our Accounting experts answer questions on Depreciation such as:

  • My client is charging depreciation on the basis of Straight Line method now he wants to use MACR method. I want to know how to account for the same?
  • I am a senior citizen, planning to start a business, wants to know which method of depreciation should I use to claim maximum benefits.
  • Hi, I have purchased a machinery six months back, but due to short circuit in my facctory machine got damamged. Should I still charge depreciation on it?
  • While making the financial statement of the business, I forget to charge depreciation on one of the building, what should I do now?
  • I purchased a car on 1.4.1998 for my domestic use, now I want to use  it in business. Please tell me what rate of depreciation should be charged on car?

 

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