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Why should records be kept for business-use assets such as video equipment and vehicles?.

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User Horst
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Answer:

Records should be kept for business-use assets such as video equipment and vehicles because, Assets are the things you own and use in your business, such furniture and machines. To verify specific information about your company's assets, you must maintain records. To calculate the annual depreciation and the gain or loss when you sell the assets, you need records.

Explanation: Hope this helps you!

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User Rylan
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