What effect do changes in the current market value of the asset being depreciated or amortized have

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What effect do changes in the current market value of the asset being depreciated or amortized have on depreciation or amortization estimates?

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Intermediate Accounting

ISBN: 978-0071339476

Volume 1, 6th Edition

Authors: Beechy Thomas, Conrod Joan, Farrell Elizabeth, McLeod Dick I

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Question Posted: Feb 17, 2015 08:46 AM

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What effect do changes in the current market value of the asset being depreciated or amortized have

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With the cost model the only market value that is relevant to depreciation or amort...View the full answer

Intermediate Accounting

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