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Can Land be depreciated?
Land cannot be depreciated.
Should a garbage grinder be depreciated or expensed?
Depreciated. It is a improvement!
How can a homeowner get recoverable depreciation money from a home owners claim?
You Can't. When we buy home owners insurance we basically have two options for the coverage type.1. RCV, Replacement Value2. ACV, or depreciated ValueIf you purchased an RCV ( replacement ) policy then the company will pay the amount needed to either repair or replace the property within the policy limits you purchased..If you purchased an ACV (depreciated Value) policy then they will pay the amount needed to repair the property or they will pay you the depreciated cash value of the property if not repairable whichever is less and within policy limits.
What asset is not depreciated?
land
Which tangible fixed assets would not normally be depreciated?
Tangible fixed assets with an infinite life such as land do not need to be depreciated.
Can an asset be depreciated to the point where its value becomes negative?
That can never happen. An asset will either be depreciated to its salvage value, or to zero, depending on whether or not it has a salvage value.
Is it a law that insurance companies pay depreciated value?
no
Capitalized lease depreciated by the lessee?
No. It's not necessary
What is under depreciated?
The use of good English grammar.
A fixed asset that is not depreciated?
Land is the only fixed asset which is not depreciated because land never depreciates or wear and tear occur rather it always appreciates.
Can goodwill be depreciated?
Not usually as it isnt a waisting asset. But it can be Impaired.
Fully depreciated asset?
Is an asset that has equalled its original cost
