Depreciation costs - not land Depreciable because the...

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Depreciation costs: Process of cost allocation , not asset valuation . Applies to land improvements, buildings, and equipment,
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Unformatted text preview: not land . Depreciable, because the revenue-producing ability of asset will decline over the asset’s useful life....
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This note was uploaded on 01/03/2012 for the course ACCOUNTING ac 201 taught by Professor - during the Spring '11 term at Montgomery.

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