For some of the long-term assets of a business, the balance in Accumulated Depreciation is exactly equal

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For some of the long-term assets of a business, the balance in Accumulated Depreciation is exactly equal to the cost of the asset.
(a) Is it permissible to record additional depreciation on the assets if they are still useful to the business? Explain.
(b) When should an entry be made to remove the cost and the accumulated depreciation from the accounts?
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Accounting

ISBN: 978-0176509743

Volume 1, 2nd canadian Edition

Authors: Carl warren, James Reeve, Jonathen Duchac, Sheila Elworthy,

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