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General Accounting Discussions: Composite - Group Method of Depreciation

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    • CommentAuthoramartinez
    • CommentTimeApr 24th 2008
     
    In the composit-group method of depreciation when do you adjust the depreciation fixed asset account when assets are retired/sold? At the time of sale, end of year, or five years later? What if the group fixed assets is a perpetual account, assets being added and sold continously?

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