21 freight and installation costs are added to the cost of equipment 22 accelerated 4307813

21 freight and installation costs are added to the cost of equipment 22 accelerated 4307813

21) Freight and installation costs are added to the cost of equipment.

22) Accelerated depreciation methods are the most popular depreciation methods for financial statement purposes.

23) Leasehold improvements are amortized annually.

24) Some intangible assets are depreciated.

25) Goodwill is a tangible asset.

26) Research and development costs are expensed when incurred for financial statement purposes.

27) Goodwill is amortized for financial statement purposes.

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