Content About Diener & Associates CPAs LLC Grow Your Small Business History of profession What Are the Responsibilities of a CPA? CPA vs Accountant: Which Is Better? Certified Internal Auditor is a certification offered to accountants who conduct internal audits. Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as […]
Category Archives: Bookkeeping
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Content The Relationship Basis & Cost Recovery Deduction Formula and Calculation of Salvage Value Methods of Depreciation How to Record a Journal Entry for a Sale of Business Property Depreciation and Salvage Value Assumptions Salvage Value for Taxes Let’s say the company assumes each vehicle will have a salvage value of $5,000. This means that […]
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