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

Name: Depreciation expense is recorded for ________. A) equipment and land B) land and buildings C) equipment and buildings D) equipment, land and building
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Depreciation expense is recorded for tangible assets with determinable useful lives, such as equipment and buildings. Land does not depreciate because it does not have a determinable useful life.

Depreciation Expense Is Recorded for ________