What is the accounting treatment for an asset that is fully depreciated, but continues to be used

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What is the accounting treatment for an asset that is fully depreciated, but continues to be used in a business?

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Intermediate Accounting

ISBN: 978-0071339476

Volume 1, 6th Edition

Authors: Beechy Thomas, Conrod Joan, Farrell Elizabeth, McLeod Dick I

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Question Posted: Nov 30, 2017 10:02 AM

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What is the accounting treatment for an asset that is fully depreciated, but continues to be used

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The asset that is fully deprecated should report in balance sheet at ...View the full answer

Intermediate Accounting

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