Question: What is the difference between capital assets and depreciable assets? Question 11 options: Capital assets cannot be depreciated over their useful lifetime, but depreciable assets
What is the difference between capital assets and depreciable assets?
Question 11 options:
| Capital assets cannot be depreciated over their useful lifetime, but depreciable assets can be depreciated | |
| Depreciable assets include both property and equipment, and capital assets include just property | |
| Depreciable assets need to be depreciated due to their long life, but capital assets do not need to be depreciated | |
| All depreciable assets are capital assets, but not all capital assets are depreciable assets |
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