Part 1. Respond in 3-4 sentences There are several types of assets: personal, r
Part 1. Respond in 3-4 sentences There are several types of assets: personal, real, intangible, and natural resources. With this knowledge it is important to understand that there are different cost recovery (depreciation) methods for each. Choose a type of asset and describe what it is and please provide at least 2-3 examples. Describe the…