Accounting
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Boundless Accounting
Controlling and Reporting of Real Assets: Property, Plant, Equipment, and Natural Resources
Depreciation of Assets
Accounting Textbooks Boundless Accounting Controlling and Reporting of Real Assets: Property, Plant, Equipment, and Natural Resources Depreciation of Assets
Accounting Textbooks Boundless Accounting Controlling and Reporting of Real Assets: Property, Plant, Equipment, and Natural Resources
Accounting Textbooks Boundless Accounting
Accounting Textbooks
Accounting
Concept Version 7
Created by Boundless

Methods of Depreciation

There are several asset depreciation methods to choose from.

There are several asset depreciation methods to choose from.

The depreciation method for an automobile should reflect the asset's use throughout its life.

Source

    Boundless vets and curates high-quality, openly licensed content from around the Internet. This particular resource used the following sources:

    "Automobile, Richmond."
    http://commons.wikimedia.org/wiki/File:Automobile,_Richmond.jpg Wikimedia CC BY-SA.

Related Terms

  • salvage value
  • historical cost
  • useful life
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