Editing Book Keeping Task/Depreciation
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** Because initial cost was not over $30K, cannot be Class 10.1 | ** Because initial cost was not over $30K, cannot be Class 10.1 | ||
* Pickup Truck: Class 10 (30%) | * Pickup Truck: Class 10 (30%) | ||
- | * | + | * Equipment Shed: Class 6 (10%) |
** "made of ... corrugated metal" and "the building has no footings or other base supports below ground level" | ** "made of ... corrugated metal" and "the building has no footings or other base supports below ground level" | ||
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=== Write off === | === Write off === | ||
When the declining balance of an account is less than $50, the entire balance will be written off. | When the declining balance of an account is less than $50, the entire balance will be written off. |