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Depreciation

CCaroline3y ago
Hi Sir, I found one question regarding depreciation in which accounting policy for depreciating machinery was straight line with full charge in the years of acquisition and disposal. What does this policy indicates ? It will we done through Full charge in the year of purchase and non in the year of sale or on monthly basis ? Elaborate Please
John MoffatJohn MoffatTutor3y ago#1
This is a very common policy, and is explained in my free lectures on depreciation.
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