Property, Plant, and Equipment: Cost Allocation and Impairment Chapter 11 Chapter 11-1 Learning Objectives 1. Explain the concept of depreciation. 2. Identify the factors…
1. ACCOUNTS HONOURS DEPRICIATION POLICY PRESENTED TO:- MAM sangam kapoor 2. o Meaning of Depreciation o Why is Depreciation important? o Depreciation is an Estimate o Methods…
1. DEPRECIATIONDepreciation as per law of lexicon is defined as positive decline in thereal value of a tangible asset because of consumption, wear and tearor obsolescence.…
Slide 11 DEPRECIATION, IMPAIRMENTS, AND DEPLETION Slide 2 2 1.Explain the concept of depreciation. 2.Identify the factors involved in the depreciation process. 3.Compare…
9-19-2REPORTING AND ANALYZING LONG-LIVED ASSETSAccounting, Fifth Edition99-3After studying this chapter, you should be able to:1. Describe how the historical cost principle…