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    What is the Striaght - line depreciation of a purchased of $1,800. What is the depreciation expense?

    0  Views: 772 Answers: 1 Posted: 10 years ago

    1 Answer

    In the US it Depends on the time and rate at which one must depreciate an item, set by the IRS


    Commercial Fleets for instance must depreciate their vehicles over five years, or 300.000.000 miles, which ever occurs first, even if the no long own the vehicle


    Rental property must be deprecated over thirty years


     


     



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