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Q: What fund would a township report depreciation a. General fund b. Special Revenue c. Capital Projects d.Internal Service?
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Related questions

How does depreciation affect the cost of capital?

Please refer to the following Web site for a complete explanation on how depreciation affects the cost of capital: http://en.wikipedia.org/wiki/Depreciation


Gradual wear on capital goods?

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No depreciation is not included as depreciation is allocation of part of assets cost to income statement while in capital budgeting, full cost of asset is already included so if depreciation will also be included then there would be double counting of same asset.


What is capital depreciation?

When you buy a plant or equipment, it will lose value over time - it's breaking down or it's not as efficient or the such; this gradual decline in worth of the capital is depreciation.


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Depreciation expense is a nominal account which will goin to net income at the end of term. Accumulated depreciation is a contra account with capital assets which shows up in balance sheet.


Which of the following provisions of the Internal Revenue Code can be used to reduce the amount of the income tax expense arising from capital investment projects?

Depreciation deduction submitted by Gigi Calix


Why is depreciation always positive on a cash flow statement?

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