Why isnt depreciation expense always computed for the exact number of days an asset is owned?

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Why isn’t depreciation expense always computed for the exact number of days an asset is owned?

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Intermediate Accounting

ISBN: 978-0324592375

17th Edition

Authors: James D. Stice, Earl K. Stice, Fred Skousen

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Question Posted: Jan 28, 2012 11:45 PM

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Why isnt depreciation expense always computed for the exact number of days an asset is owned?

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Depreciation is an estimate and the effort necessar...View the full answer

Intermediate Accounting

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