The cost of an asset that is subject to depreciation is called?

Q: The book value of a depreciable asset is       A. The original cost of the asset.       B. The…

A: Book value of a depreciable asset means value at which that asset is shown in the balance sheet of…

Q: of depreciation was

A: Depreciation Means fall in the value of Fixed Assets.

Q: What are the major factors considered in determiningwhat depreciation method to use?

A: Depreciation: Depreciation refers to the reduction in the monetary value of a fixed asset due to its…

Q: practice, would you expect the depreciation expense for a non-current asset to be overestimated or…

A: Depreciation is charged for non current asset being tangible asset, because of its wearing and tear…

Q: Describe the Depreciation methods?

A:

Q: e

A: The accumulated depreciation account is a counter asset account on a company's balance sheet, which…

Q: The difference between cost of the asset and residual value is known as a . Depletion b . Salvage…

A: Depreciation: Depreciation means the reduction in the value of an asset over the life of the assets…

Q: Define Depreciation expense.

A: Managerial accounting: Managerial accounting is the process of identifying, measuring, analyzing,…

Q: What are two major types of depreciation?

A: In general terms, depreciation is a decline in the value of long-term tangible assets. In…

Q: at is the difference between depreciation and im

A: Depreciation: Depreciation is an accounting methodology of allocating the price of a tangible or…

Q: What is the purpose of depreciation

A: Depreciation is an accounting system for spreading out the expense of a tangible item over the…

Q: Can the selection of a depreciation method affect a company’s asset replacement policy (i.e., the…

A: 1. Depreciation Expenses - Depreciation Expenses are the expense incurred on the wear and tear of…

Q: ‘carrying value’ of a depreciable asset is the difference between

A: Carrying value of an asset gives value of Company's asset as on given date after provision of wear…

Q: Instead of valuing assets, depreciation is a cost allocation procedure. This statement should be…

A: This question tells about depreciation is a cost allocation procedure:

Q: Why is the cost of certain kinds of property not recoverable at all by way of de-preciation,…

A: Cost of some assets are not recoverable because of the main reason that these assets do not qualify…

Q: What is the cost of the asset being depreciated? Cost of asset %24

A: Under straight line method of depreciation, the value or cost of asset is reduced equally over the…

Q: What does accumulated depreciation represent?

A:

Q: Is residual value deductible when using accelerated method of depreciation>

A: The accelerated method of depreciation includes double declining balance method, 150% declining…

Q: What is depreciation? Define useful life, residual value, and depreciable cost.

A: Depreciation is a method of allocation of cost of a fixed asset over its useful life. The value of…

Q: What is meant by straight line method if charging depreciation?

A: Depreciation: Depreciation refers to the reduction in the monetary value of a fixed asset due to its…

Q: w to determine what depreciation should be used

A: Solution Concept Depreciation                 Depreciation refers to the expense that is recorded…

Q: What is depreciation of property, plant and equipment? What are the factors to consider in computing…

A: Depreciation Depreciation is the term which is used for the business to deduct the amount…

Q: Explain the difference between depreciation, depletion, and amortization.

A: Depreciation - Depreciation is the wear and tear of fixed assets due to use, effluxion of time, and…

Q: Define the term depreciation expense.

A: Depreciation: Depreciation is a method of reducing the capitalized cost of long-lived operating…

Q: Depreciation expense is used to

A: Depreciation is gradual decrease in the value of asset due to normal wear and tear, obsolescence and…

Q: What are the requirements of depreciating an asset?

A: Depreciation is a non-cash expense which is charged against the use of the fixed assets of the…

Q: the equation for book value is: book value = cost of an asset minus its accumulated depreciation.…

A: Asset: Asset is a resource owned by a company from which future economic benefits are expected to…

Q: Define the term accumulated depreciation.

A:

Q: The carrying amount of an item of property, plant and equipment that is subsequently accounted for…

A: The answer is option (3.) [ i.e, the historical cost less any accumulated depreciation and any…

Q: The term that applies when an intangible asset is expensed over time rather than fully expensed at…

A: This question tells about that applies when an intangible asset is expensed over time rather than…

Q: epreciation

A: Depreciation is an expense which is charged on fixed assets and reduces the value of fixed assets…

Q: What is the difference between depreciation and depletion?

A:

Q: What is the cost of the asset being depreciated? What amount, if any, was used in the depreciation…

A: Depreciation :- The monetary value of an asset decreases over time due to use, wear and tear or…

Q: In what ways might a depreciable asset's estimated service life be influenced?

A: The Answer

Q: De depreciation?

A: Depreciation is…

Q: Depreciation is a process of asset valuation where an asset's book value (cost less accumulated…

A: Depreciation is an accounting method of allocating the cost of tangible assets over its useful life.…

Q: What are the depreciation processes that apply to the most common types of depreciable assets in the…

A: Depreciation is an accounting word that refers to the process of spreading the cost of a tangible or…

Q: Why is the cost of certain kinds of property not recoverable at all by way of depreciation,…

A:

Q: Why was the salvage value used in calculating the depreciation expense?

A: This method also called diminishing balance method or declining balance method where the…

Q: Accumulated depreciation appears on the

A: Accumulated depreciation is the long-term contra asset account. It means, accumulated depreciation…

Q: What is depreciation? What are the different methods, and when would each be appropiate?

A: Depreciation is the term related with the usage of long lived assets. This term implies the…

Q: What is the objective in identifying the costs of an asset?

A: Asset:   It represents the tangible and intangible resources owned by the business for a particular…