The name given to tax rules for getting back or recovering through depreciation deductions the cost of property used in a trade or business, or to produce income is known as the ___________________ _ Accelerated Cost Recovery System.
Fill in the blank(s) with correct word
Question 2
Find the net date for an invoice dated August 7, with terms 4/20, 50 Extra.
A) August 27
B) September 16
C) October 16
D) November 5