Description
Class 12 Accounts Notes: Time Value of Money Notes PDF Download
Understand how the matching principle
influences
the capitalization of long-lived assets
the expensing of capitalized costs to match
revenues generated in the use of long-lived
assets
Understand how differences in “book” vs.
tax accounting for depreciation lead to
deferred taxes
PDF 1 – 15 Pages , 72 KB
PDF 2 – 24 Pages – 221 KB
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