The factor that is not relevant in computing depreciation is

Q: Define the term excluding depreciation?

A: Depreciation is the part of asset cost which is to be expensed over the life period of the asset.…

Q: Describe the Book Depreciation Methods?

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

Q: e

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

Q: Explain why activity based method is more appropriate to calculate depreciation than straight line…

A: Depreciation is charged to allocate the cost of the asset over the useful life of the asset. It…

Q: Under what conditions is the use of the straight-line depreciation method most appropriate?

A: There are different methods of depreciation and one such method is straight line method of…

Q: What is the book depreciation?

A: If a company purchases a fixed asset, the value of the asset cannot be same every year. The value of…

Q: Explain the straight-line method of depreciation with an example?

A:

Q: Which of the following concepts is not related to depreciation? Select one: a. Historical cost…

A:

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 advantages and disadvantages of centralization and decentralization? -Explain Effects of…

A:

Q: Which of the following is not a factor that limits the service life of an asset? a. Operational use…

A: Service life can be limited due to physical causes and functional causes such as deterioration,…

Q: What is meant by depreciable base? How is it determined?

A: Depreciable base: The word depreciable base is used to depict the value that is divided by the…

Q: The cost of an item, an estimate of its salvage value, and an expected usable life are all factors…

A: The Answer

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: Please explain double-declining method depreciation. When is this the preferred method to figure…

A: The double-declining balance method is a method to calculate depreciation. Depreciation as per…

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: A method that excludes residual value from the base for the depreciation calculation

A: Depreciation base:   Depreciation base is the amount that is allocated over the estimated service…

Q: What is the double declining balance method of depreciation?

A: Depreciation: Depreciation is the permanent decrease in the monetary value of an asset over the…

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: What are the three methods to account for depreciation? What are the differences between the three…

A: Methods of depreciation Straight line method Declining/ Diminishing balance method Sum-of-the-year…

Q: What are the different types of accounting depreciation and their primary purposes?

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

Q: What are some factors that could explain the predominant use of the straight-line depreciation…

A: Straight-line Depreciation:Under the straight-line method of depreciation, the same amount of…

Q: “Cost written off as depreciation on equipment already purchased is always irrelevant.” Do you…

A: Relevant cost: Relevant cost is the avoidable cost which incurred at the time of the decision-making…

Q: w to determine what depreciation should be used

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

Q: Explain Treatment of Depreciation Expenses?

A: Depreciation is the total charging of the cost of an asset over its normal valuable life. The method…

Q: under what conditions is he use of the double-declining-balance depreciation method most…

A: Depreciation means the loss in value of assets because of usage of assets , passage of time or…

Q: The cost of a depreciable asset is referred to as the

A: The Answer :

Q: Some believe that accounting depreciation measures thedecline in the value of fixed assets. Do you…

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

Q: (d) On what basis should management select from these two methods to depreciate the machine? Justify…

A: The management should opt for reducing balance method of depreciation for the above scenario: This…

Q: What is the difference between depreciation and depletion?

A:

Q: differences in the accounting treatments of depreciation and cost depletion.

A:

Q: Under what circumstances will you consider the reducing balance method as the most appropriate…

A:

Q: Explain why depreciation on an existing asset is always irrelevant.

A: Fixed assets are those assets that are being held by the business for a longer period of time. For…

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

A: The Answer

Q: Explain what complications might arise in trying to compare the results of straight-line…

A: Depreciation is defined as a reduction in the value of an asset that occurs over time as the assets…

Q: List (a) the similarities and (b) the differences in the accounting treatments of depreciation and…

A: (a) The following are the similarities in the accounting treatment of depreciation and cost…

Q: What is meant by depreciation for the cost approach?

A: The cost of the property should not be more than the cost of acquiring and building the property.…

Q: What contra account is used when recording and reporting the effects of depreciation? Why is it…

A:

Q: Give reasons why depreciation methods are useful?

A: Depreciation: It is the reduction in the value of an asset due to factors like normal usage and…

Q: From an economic point of view, which activity is regarded as an undertaking to prevent a loss in…

A: Activities undertaken by a company can be divided in to two types. They are activities involving…

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…

Bookkeeping

Bookkeeping is the process of recording the financial transactions of a company on a regular basis. With the process of bookkeeping, companies can track important financial information that helps management in making crucial decisions.