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  • Kathryn Longstaff

    Lesson 8.2 Activity 2

     

    1. What is the definition of depreciation?​
    2. What is the useful life of an object definition?
    3. What does it mean to extend the useful life of an object
    4. Hoe do you enter depreciation as accounting entries?
    5. Define the historical cost of an asset and how does it work?
    6. What is the difference between depreciation versus amortization?
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