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  • Hard Questions CF STMT

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    Charlie Cheng
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    This document discusses long lived assets. Long lived assets are assets with useful lives that extend beyond 12 months like property, plant, and equipment. Long lived assets are recorded at their costs and depreciated over their useful lives on the income statement rather than being fully expensed immediately.

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    This document discusses long lived assets. Long lived assets are assets with useful lives that extend beyond 12 months like property, plant, and equipment. Long lived assets are recorded at their costs and depreciated over their useful lives on the income statement rather than being fully expensed immediately.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    7 views3 pages

    Hard Questions CF STMT

    Uploaded by

    Charlie Cheng
    This document discusses long lived assets. Long lived assets are assets with useful lives that extend beyond 12 months like property, plant, and equipment. Long lived assets are recorded at their costs and depreciated over their useful lives on the income statement rather than being fully expensed immediately.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    Hard Questions

    CF Stmt

    Long Lived Asset


    Long Lived Asset Summary

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