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How does depreciation affect a company s taxabl... - SS1 Accounting Reasons For Charging Depreciation Question

How does depreciation affect a company's taxable income?

A

It reduces the taxable income of a company

B

It increases the taxable income of a company

 

C

It has no effect on the taxable income of a company

D

It increases the value of a company's assets

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Correct Option: A
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