Match the concept that closely describes a particular depreciation method. Choose the correct answer lowers the tax liability a) double-declining balance method b) units-of-production method c) straight-line method                                                                 more closely matches the expense with the benefit of the asset a) double-declining balance method b) units-of-production method c) straight-line method                                                               most commonly used method a) double-declining balance method b) units-of-production method c) straight-line metho

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A: Disclaimer: “Since you have asked multiple questions, we will solve the first question for you. If…

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Q: which metric is used as the profitability metric and explain what it evaluate?

A: Profitability Matric is somewhere helps to analyse the financial performance and financial position…

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A: or

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Q: Allowable depreciation reduces the basis of an asset whether the depreciation is deducted or not.

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A: Purchase of plant asset simply means the acquisition of a long-term asset for business use.

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Q: Which of the following amortization methods is most likely to evenly distribute the cost ofan…

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Q: State which statement is true or false The declining-balance method does not deduct the residual…

A: The declining-balance method does not deduct the residual value in computing the depreciation…

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Q: The following terms are mismatched with its definitions. Match the terms to its correct definitions.…

A: The terms are matched with the definitions in below table:

Q: erent methods of calculating depreciation.

A:

Q: Please explain double-declining method depreciation. When is this the preferred method to figure…

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A: Option C is correct.

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A: Depreciation is an expense which is shown and recorded in the expense side of the income statement.

Q: What is the amount of the annual depreciation computed by the straight-line method?

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A: Hello. Since your question has multiple parts, we will solve first question for you. If you want…