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

    0  Views: 827 Answers: 1 Posted: 11 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


     


     



    Top contributors in Uncategorized category

     
    ROMOS
    Answers: 18061 / Questions: 154
    Karma: 1101K
     
    Colleen
    Answers: 47270 / Questions: 115
    Karma: 953K
     
    country bumpkin
    Answers: 11322 / Questions: 160
    Karma: 838K
     
    Benthere
    Answers: 2392 / Questions: 30
    Karma: 760K
    > Top contributors chart
    452264
    questions
    719715
    answers
    754078
    users