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Tax impact method says that the result on tribute to be paid, be shown in the books of accounts in the year in which the revenues is recorded, irrespective of when the onus is in actuality paid. Natural accounts are user-defined accounts also in behalf of the different activities, which are associated with the accounting article that nab materials at the affair level.
Capitalized costs are those that are deducted greater than respective accounting periods on score of depreciation or amortization.
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