... its life) , the cost of the labor and materials is charged to an asset account and depreciated throughout the estimated life of the improvement . ... Quite frequently your automobile will be used in part for farm business and in part for personal pleasure driving. ... The same mileage percentage can be applied to the cost of automobile upkeep, and also as the basis for determining how much automobile anbsp;...
|Title||:||The 1943-44 Farmer's Tax Manual|
|Author||:||William Caldwell Clay|