Question: When depreciation is computed for partial periods under a decreasing charge depreciation method, it is necessary to use a salvage value equal to the first
When depreciation is computed for partial periods under a decreasing charge depreciation method, it is necessary to use a salvage value equal to the first year's partial depreciation charge. charge a full year's depreciation to the year of acquisition determine depreciation expense for the full year and then prorate the expense between the two periods involved. use the straight-line method for the year in which the asset is sold or otherwise disposed of
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