Complete Financial Discussion Responses, Accounting Assignment Homework Help
CLASSMATE POST 1: 1. Depreciation is charged by the Company, as it helps in reduction of income and subsequently sreduces the taxes of the Company, Depreciation is calculated as: Calculate depreciation: Depreciation = (400,000 – 50,000)/10 Depreciation = 35,000 every year 2. Calculate net income: Net income is calculated after deducting expenses and depreciation from […]
