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Assignment 1: Discussion-Depreciation
By the due date assigned, respond to the following in the Discussion Area below:
• Discuss how an asset's cost is determined as well as the two methods of depreciation discussed in your readings.
• Provide an example of an asset that would be depreciated and demonstrate how the expense would be calculated and reported on the financial statements.
Be sure to cite any sources using APA style. You may use this APA Citation Helper as a guide.
Through the end of the module, provide substantive responses to at least two other students' initial posts, as well as any posts to you by your instructor. Be sure to post to the Discussion Area on two different days to meet your weekly attendance requirement.
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
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