Depreciation is computed on:
A) equipment and buildings
B) equipment, land, and buildings
C) equipment and land
D) land and buildings

Name: Depreciation is computed on: A) equipment and buildings B) equipment, land, and buildings C) equipment and land D) land and buildings
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Depreciation is computed on equipment and buildings because they have a finite useful life. Land is not depreciated as it does not wear out or get used up.

Depreciation Is Computed On