to the cost of the asset. (a) Is it perm record additional depreciation on the

Q: Define Depreciation expense.

A: Managerial accounting: Managerial accounting is the process of identifying, measuring, analyzing,…

Q: After the disposal of an asset, the balance in the Accumulated Depreciation account related to that…

A: Depreciation are required to be charged by the business entities so as to shown the assets in the…

Q: Do I have to include depreciation when computing net present value?

A: Depreciation is said to be none cash expense so there is no out flow of cash when depreciation…

Q: EXPLAIN what type of account Accumulated Depreciation is?

A: The total amount of depreciation that has been applied to an asset up to a certain point is known as…

Q: describe the costs associated with tangible and intangible assets, and the methods of expensing…

A: Tangible Assets: Intangible assets are tangible assets that can be touched or felt. They include…

Q: Fixed assets are ordinarily presented on the balance sheet OO at their current market value under…

A: Fixed assets are ordinarily presented in balance sheet at their cost less accumulated depreciation.…

Q: The cost of an asset that is subject to depreciation os called?

A: Assets: Assets are those resources that are owned by the business organization which has an economic…

Q: Is residual value deductible when using accelerated method of depreciation>

A: The accelerated method of depreciation includes double declining balance method, 150% declining…

Q: An asset is said to be fully depreciated when:

A: An  provided economic benefit these are creating value of addition story enhance the profit…

Q: What is meant by straight line method if charging depreciation?

A: Depreciation: Depreciation refers to the reduction in the monetary value of a fixed asset due to its…

Q: What are depreciation and its purpose? Does the book value of a fixed asset (cost minus accumulated…

A: Depreciation is an expense which shows the decrease in the asset's value over the life of the asset…

Q: How to determine the percentage by which operating income can increase if the entire R&D expenditure…

A: Operating income is income of business from its normal operations  Percentage Change = (New Value -…

Q: Depreciation expense is used to

A: Depreciation is gradual decrease in the value of asset due to normal wear and tear, obsolescence and…

Q: Define each of the following terms:d. Depreciation; amortization; EBITDA

A: The formula to compute EBITDA as follows:

Q: 14. Ethel Corp. Has the following data for the month of March 2021: Gross Payroll P1,000,000…

A: Accrued payroll of the business means payroll costs after deducting the employee's payroll…

Q: When is accumulated depreciation reduced to zero? Explain and provide examples for each element…

A: Accumulated depreciation is a contra-asset account that represents the cumulative depreciation…

Q: Describe the method of the asset's depreciation?

A: Methods of Depreciation: Depreciation refers to the reduction in the monetary value of a fixed asset…

Q: The cost incurred to extend an asset's useful life is recorded as: O a. maintenance expenditures. O…

A: All expenses that are incurred to increase the future economic benefits are known as capital…

Q: Depreciation is a process of Select one a. asset valuation 5. cost alocation Cost accumulation. e…

A: When an asset is purchased  and started  using its  value depreciates due to wear and tear,time…

Q: What is the 'carrying amount of a depreciating non-current asset? O A. The cost (or fair value) of…

A: INTRODUCTION The Carrying amount is calculated by deducting accumulated depreciation from the…