The process of removing unwanted water from the soil is called: a) Compaction b) De-watering c) Excavation d) Piling??

Q: What is Accumulated Depreciation? I'm having a hard time understanding this concept. For example,…

A: Value of asset say equipment reduces each year because of its continuous use.So, there is a concept…

Q: The method of depreciation which is also known as Accelerated depreciation method is a. Diminishing…

A: Depreciation expense is the reduction in the value of assets due to the wear and tear on that asset.…

Q: Explain the accounting procedures for depletion of natural resources.

A: Depletion: It refers to the process of proportionately distributing the cost of the extracting…

Q: Depreciation line has a shape of?

A: Depreciation is the method of charging an amount on the book value of an asset over its useful or…

Q: where did you get property paint and equipment from?

A: Property Plant and Equipment is a classification of tangible fixed assets and it includes Land &…

Q: written down value method is more appropriate than the straight-line method

A: Under written down value method, accelerated depreciation is charged in initial years of useful life…

Q: explain one method of depreciation

A: The depreciation expense is charged on fixed assets as reduction in the value of fixed assets with…

Q: Explain the differences between depreciation expense and impairment loss of property, plant and…

A: The difference between Depreciation and impairment is as follows: Depreciation Impairment It is…

Q: Define Retirement and replacement depreciation methods.

A: Depreciation means decline in the estimation of benefit inside its valuable life because of mileage…

Q: DEFINE AND INDICATE TYPES OF DUMPING.

A: Dumping: Dumping refers to the reduced price of the products at which price the exporters exports…

Q: First cost Book depreciation life MACRS property class Salvage value n 1 2 3 4 5 6 7 8 A $8,000…

A: Depreciation is used to record expenses of asset over the life of asset. There are various methods…

Q: How will the approach for verifying repair expense differfrom that used to audit depreciation…

A: Auditing:   In auditing, auditors verify the correctness and fair presentation of financial…

Q: erent methods of calculating depreciation.

A:

Q: Revise your concepts of depreciation and generate a scenario of tangible plant asset depreciation…

A: The question is related to Depreciation Accounting. Required  Explain with the help of an example…

Q: Why was the disposal value used for only replace and not upgrading?

A: Disposal Value will be used only in case of replacement because current machine will be sold if we…

Q: Define accelerated depreciation method

A: Depreciation can be referred as the reduction in the fair value of an asset due to its usage over…

Q: Briefly differentiate between the straight-line depreciation method and accelerated depreciation…

A: Depreciation: The depreciation is the expense which is debited to the income statement in the ratio…

Q: The primary purpose of a subgrade in a pavement structure is to: A) Provide drainage B) Distribute…

A: The primary purpose of a subgrade in a pavement structure is to: B) Distribute loads to the subsoil…

Q: Explain the appropriate treatment required when an error in accounting for property, plant, and…

A: Definition:   Assets: These are the resources owned and controlled by business and used to produce…

Q: What is the process by which deep, cold, nutrient-rich water rises to the surface? a) Upwelling b)…

A: The process by which deep, cold, nutrient-rich water rises to the surface is called upwelling.…

Q: What are Financials Factors that could lead to failure of a water treatment plant?

A: Before investing in new projects, profitability and possibility is evaluated by considering various…

Q: Why is refinancing often done in conjunction with a renovation?

A: Income property: An income property may be well-defined as the property developed or acquired in…

Q: What is a portion of plant asset cost allocated as expense for the period? What is the difference…

A: Carrying Amount: The carrying amount is the purchase price less impairment and depreciation and is…

Q: Remodeling and rehabilitation: O Can usually be undertaken by the property manager without…

A: Rehabilitants and remodeling both are a different thing. Rehabilitations consists of renovating…

Q: What is important for a MACRS to consider at the time of disposal?

A: MACRS stands for Modified Accelerated Cost Recovery System. These are the regulations of…

Q: Briefly explain why land does not depreciate.

A: Depreciation is reduced in the value of assets due to natural ability to decrease due to continuous…

Q: The depletion expense is

A: Depletion: It refers to the process of proportionately distributing the cost of the extracting…

Q: The cost of supplies (materials) used to test new equipment would be debited to which of the…

A: The correct answer is:d. Machinery and EquipmentExplanation:The cost of supplies (materials) used to…

Q: 1. Tap fees, a portion of which exceed the cost of hooking customers into the utility, should be…

A: As per our protocol we provide solution to one question only but you have asked more than one…

Q: What is the entry to remove equipment that is sold before it is fully depreciated?

A: Depreciation is charged on cost of asset in order to reflect reduction in value of asset over its…