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Reasonable and necessary business expenditures that are not completely deductible in the year incurred will be...

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Accounting

Reasonable and necessary business expenditures that are notcompletely deductible in the year incurred will be (1) depreciated,(2) amortized, or (3) capitalized. Briefly define and provide anexample of an expenditure to each.

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Reasonable and necessary business expenditures that are not completely deductible in the year incurred will be Amortized Depreciation It is systematic allocation of cost of a    See Answer
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