What judgements must be made to calculate a depreciation expense for a period? You should have thought
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What judgements must be made to calculate a depreciation expense for a period?
You should have thought of the following:
■ the expected residual or disposal value of the asset;
■ the expected useful life of the asset;
■ the choice of depreciation method.
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Related Book For
Accounting And Finance For Non Specialists
ISBN: 9781292135601
10th Edition
Authors: Peter Atrill, Eddie Mclaney
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