Which of the following is not a negative element under the "capital assets, tangible" classification?

Question

Quizplus · Accepted Answer

Reserve for plant expansion is a positive element as it represents the allocation of funds for future growth and investment in the company's fixed assets. The other options are negative elements as they represent the decrease in value or usefulness of tangible capital assets over time. Accumulated amortization of the paved parking lot and buildings represents the cost of the assets that has been expensed over time due to their use and/or passage of time. Accumulated depletion of mineral-bearing property represents the reduction in the quantity of the natural resource available for extraction.

Which of the Following Is Not a Negative Element Under