Which of the following items does not affect the calculation of depreciation expense?
A)Economic benefits generated by the asset.
B)Useful life of the asset.
C)Residual value of the asset.
D)Capitalized cost of the asset.

Question

Quizplus · Accepted Answer

Depreciation attempts to match an asset's cost to the economic benefits generated by that asset.The items required to calculate depreciation expense are the asset's cost,residual value,and useful life.

Which of the Following Items Does Not Affect the Calculation