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Property and Equipment (Fixed Assets) — When acquired, how much you paid, how long they are expected to last, how much they are depreciated each year, and how much has been depreciated to date?

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Property and Equipment (Fixed Assets) — When acquired, how much you paid, how long they are expected to last, how much they are depreciated each year, and how much has been depreciated to date?

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Note: Many nonprofits ask their auditors to maintain this schedule for them and to prepare the annual calculation of depreciation.

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