[Answered] The depreciable amount is always equal to the cost of the asset minus salvage value. Indicate ...

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Author Question: The depreciable amount is always equal to the cost of the asset minus salvage value. Indicate ... (Read 107 times)

Capo

Hero Member
Posts: 545

on: Jun 24, 2018

The depreciable amount is always equal to the cost of the asset minus salvage value.
Indicate whether the statement is true or false

Question 2

When adding all annual depreciation, the total should not equal the original cost of the item.
Indicate whether the statement is true or false

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Marked as best answer by a Subject Expert

mammy1697

Sr. Member
Posts: 341

Reply #1 on: Jun 24, 2018

Answer to Question 1

TRUE

Answer to Question 2

FALSE

Capo

Member
Posts: 545

Reply 2 on: Jun 24, 2018

Thanks for the timely response, appreciate it

Alyson.hiatt@yahoo.com

Member
Posts: 354

Reply 3 on: Yesterday

Excellent

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