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What a change in the estimated useful life of an equipment

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Reference no: EM132555720

Question 1: A change in the estimated useful life of an equipment requires...Which ones

A-a retroactive change in the amount of periodic depreciation recognized in the previous years.

B-that no change be made in the periodic depreciation so that depreciation amounts are comparable over the life of the asset

C-that the amount of periodic depreciation be changed in the current year and in future years

D-that income for the current year be increased

Reference no: EM132555720

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