A trust document does not mention the treatment for depreciation. The state has adopted the Uniform Act. The trust document states that depreciation is a charge against corpus. The trust results are the following:
Calculate net accounting income.

Question

A trust document does not mention the treatment for depreciation. The state has adopted the Uniform Act. The trust document states that depreciation is a charge against corpus. The trust results are the following:
  Calculate net accounting income.

Quizplus · Accepted Answer

The Answer of A trust document does not mention the treatment for depreciation. The state has adopted the Uniform Act. The trust document states that depreciation is a charge against corpus. The trust results are the following:
  Calculate net accounting income.

A Trust Document Does Not Mention the Treatment for Depreciation