If a depreciable asset is acquired and used for less than 180 days in a financial year, depreciation allowed on it is..............

Name: If a depreciable asset is acquired and used for less than 180 days in a financial year, depreciation allowed on it is..............
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For assets used for less than 180 days in a financial year, many accounting standards and tax regulations allow for depreciation at 50% of the normal rate to account for the partial year of use.

If a Depreciable Asset Is Acquired and Used for Less