Depreciation expense is computed on ________.
A)equipment and land
B)land and buildings
C)equipment and buildings
D)equipment,land and building

Name: Depreciation expense is computed on ________. A)equipment and land B)land and buildings C)equipment and buildings D)equipment,land and building
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Question

Quizplus · Accepted Answer

Depreciation expense is computed on equipment and buildings because these assets have a finite useful life. Land is not depreciated as it does not wear out or become obsolete.

Depreciation Expense Is Computed on ________