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What are the pros of purchasing the asset in relationship

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When organizations purchase an asset they are able to depreciate the item on the balance sheet and record the expense on the income statement. What are the pros of purchasing the asset in relationship to the income statement?

Reference no: EM131165642

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What are the pros of purchasing the asset in relationship : When organizations purchase an asset they are able to depreciate the item on the balance sheet and record the expense on the income statement. What are the pros of purchasing the asset in relationship to the income statement?
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