53 and 54

will always su TILSL year! A. Straight-line. B. Units of production. C. Double-declining balance. D. Sum-of-the-year's digits. 53. Recognition of impairment for tangible operational assets is required if he A. Market value. B. Present value of expected cash flows. C. Undiscounted expected cash flows. D. Accumulated depreciation. 54. The replacement of a major component increased the productive capacity of a production equipment from 10 units per hour to 18 units per hour. The expenditure should be debited to: A. Repairs. B. Equipment. C. Accumulated depreciation D. Gain from repairs