Many companies use accelerated depreciation for tax, Ask an Expert

Accounting

Many companies use accelerated depreciation for tax purposes because: Answer it is easier to calculate than straight-line depreciation. it reflects the amount of cash used in depreciation. it results in lower taxable income than straight-line depreciation. it is used for determining net income reported to stockholders.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9795736

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