DEVRY ACCT 224 Week 7 Assignment

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DEVRY ACCT 224 Week 7 Assignment

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• Please complete the below problems and submit
  your answers in the Week 7 Drop Box. See
  Syllabus/Due Dates for Assignments Exams for
  due date information.
• 1. What is MACRS? In your explanation, please
  describe the recovery periods, depreciation
  methods and depreciation conventions.
• 2.What is the difference between a recognized
  gain/loss and a realized gain/loss?