How would calculate a partial year of depreciation

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Problem 1: How would you calculate a partial year of depreciation using the Straight Line Method if you purchased a company car on March 30, 2017?

Problem 2: How is a change in an estimate of the salvage value and/ or useful life of an asset recorded?

Problem 3: What is the difference between capital expenditures and revenue expenditures?

Reference no: EM132777592

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