Depreciation - Section 6 Flashcards
1
Q
Mid Month
A
For real property
2
Q
3/5/7
A
3 is for software etc
5 is for light trucks and comps
7 is for furniture
3
Q
Residential Home
A
27.5
4
Q
Business home
A
29.5
5
Q
Personal property depreciation conventions
A
Mid year and mid quarter