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Related Questions
Can Land be depreciated?
Land cannot be depreciated.
Should a garbage grinder be depreciated or expensed?
Depreciated. It is a improvement!
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.
Should deprciation should be charged on idle assets?
Under all of US GAAP, CDN GAAP and IFRS, idle assets should continue 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.
Capitalized lease depreciated by the lessee?
No. It's not necessary
Is it a law that insurance companies pay depreciated value?
no
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
Is a copy machine a asset?
Yes. It can also be depreciated on your taxes.
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