Question: Listed below are several statements about items required to be disclosed for depreciation. Some of the items are required to be disclosed and some are
Listed below are several statements about items required to be disclosed for depreciation. Some of the items are required to be disclosed and some are not required to be disclosed.
Required: Indicate in the space provided which items are required to be disclosed for depreciation by checking the appropriate box next to your answers
NOTE: THIS IS A MULTIPLE ANSWER QUESTION WITH MORE THAN ONE ANSWER
| the useful lives for each major class of depreciable asset | ||
| the accumulated depreciation for each major class of depreciable asset or in total | ||
| depreciation expense for the period | ||
| the balance of major classes of depreciable assets | ||
| A general description of the method(s) used for computing depreciation |
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