Johnny Appleseed Inc Recently Purchased A Fruit Picking Machine For 88 000 That

4.Book depreciation is defined by IRS rules, while tax depreciation is defined by GAAP rules.

A.True  B.False

A.$11,000 B.$10,000 C$10,500 D$10,300

10.A sole proprietorship can deduct 100% of the depreciation related to a company car even when he or she uses the car for personal purposes.

A True b false

 

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