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Why are costs of plant assets recovered through depreciation

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Reference no: EM132762764

Problem 1: Why are the costs of plant/long term assets recovered through depreciation vs. expensed out during the period purchased? Choose one of the following depreciation methods to discuss: straight line, units of production, declining balance. Share how depreciation using this method is calculated and provide an example of when this would be the most ideal method for application.

Reference no: EM132762764

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