Select a large company that interests you. Describe the different methods available for recording depreciation...
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Accounting
Select a large company that interests you.
Describe the different methods available for recording depreciation on plant assets. Recommend the approach that you feel would be most advantageous for your selected company and explain why.
Discuss the process for reporting contingent liabilities in the financial statements. Provide two examples of contingent liabilities that you might expect to see on your selected companys balance sheet.
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