1.
What are the three methods of depreciation?
Develop a chart using an example of your choice and calculate the depreciation for 4 years.
How do the three methods affect the income statement and the balance sheet?
2.
How are disposals of plant assets accounted for?
How are natural resources and intangible assets accounted for? Why is this important?
Make sure your response addressing the following questions include an in-text citation or a brief quote from the reading material where appropriate.
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