Achange in the estimated useful life of equipment requires
a. a retroactive change in the amo...
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Business, 15.11.2019 06:31 gracelanghorn
Achange in the estimated useful life of equipment requires
a. a retroactive change in the amount of periodic depreciation recognized in
previous years.
b. that no change be made in the periodic depreciation so that depreciation
amounts are comparable over the life of the asset.
c. that the amount of periodic depreciation be changed in the current year and
in future years.
d. that income for the current year be increased.
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