The manager of a utility stated that since its transmission lines are kept in good condition by

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The manager of a utility stated that since its transmission lines are kept in good condition by regular repairs and maintenance and their efficiency remains constant, the lines do not depreciate. Do you agree with this statement?

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Intermediate Accounting

ISBN: 978-0324300987

10th Edition

Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones

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Question Posted: Mar 12, 2012 03:36 AM

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The manager of a utility stated that since its transmission lines are kept in good condition by

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The manager seems to be using the term depreciate in ...View the full answer

Intermediate Accounting

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