Stella Clara Solar Company
Be concise, accurate, and professional with proper referencing. Assume you are writing this for a client who asked you to do this research.
1. How should SCS classify the spare parts that it expects to use within one year — as inventory or as a prepaid/other current asset?
Discuss each side of the issue
2. Should Magnus Desertus depreciate the spare parts over their estimated useful lives or expense them as consumed?
Discuss each side of the issue.
Use proper references with Bibliography where necessary.
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