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Depreciation Method Adjustments

Example: You place an asset in service in Year 1, Quarter 1. The recoverable cost is $4,000, the life is 4 years, and you are using the 200 declining balance depreciation method. In Year 2, Quarter 1, you change the depreciation method to straight-line.

Expensed


Amortized


See Also

Depreciation Rules (Books)

Changing Financial and Depreciation Information


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