Business Finance
Depreciation Letter Assignment

Question Description

Assignment: You are a CPA. The owner of a landscaping business, Larry Shrout, who is one of your clients, asks you to explain: the general concept of depreciation; and the specific difference between straight-line and declining - balance deprecation Required: Write a letter to the client responding to these inquiries. Your response should include, at a minimum: An introductory, explanatory and concluding paragraph Appropriate salutations Sufficient supporting information and/or examples to effectively respond to the inquiry

Final Answer

Attached.

Your name
Your address
Your city
Date
To,
Larry Shrout
CEO Landscaping Business
P.O. BOX, 123
Texas.
Dear Larry,
Subject: The general concept of depreciation and the specific difference between straight-line
and declining-balance deprecation.
I would like to update you about the general concept of depreciation and how it can affect
the long term goal of your bu...

University of Maryland

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