Software can be depreciated by spreading out its cost over its useful life, typically through methods like straight-line depreciation or accelerated depreciation. This allows businesses to account for the decreasing value of the software as it is used over time.
Computer equipment can be depreciated by spreading out its cost over its useful life, typically using methods like straight-line depreciation or declining balance depreciation. This allows businesses to account for the gradual decrease in value of the equipment over time.
company will pay you the depreciated value and will then reimburse you for the difference once the buildings been replaced
if the value of dollar goes down, there are big effect to the ofw, for example the remittaces of the ofw when they sent the dollar here in Philippines the value of the dollar is depreciated.
Bespoke software – sometimes called custom software or tailored software – is a software solution created for a specific user. Much like a bespoke suit, these software solutions are made and tailored entirely to your exact specifications. Examples are: Business Process Software School Attendance Software etc....
As this would be considered a replacement, and not an installation, this would be considered an improvement. If this was a dirt lot and you were laying down the initial surface, this would be a new installation, and depreciated in the same fashion as the main asset.
Land cannot be depreciated.
Depreciated. It is a improvement!
land
Tangible fixed assets with an infinite life such as land do not need to be depreciated.
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.
The use of good English grammar.
No. It's not necessary
no
Land is the only fixed asset which is not depreciated because land never depreciates or wear and tear occur rather it always appreciates.
Is an asset that has equalled its original cost
Not usually as it isnt a waisting asset. But it can be Impaired.
Yes. It can also be depreciated on your taxes.