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What is the accounting treatment for an asset that is fully depreciated, but continues to be used in a business?

What is the accounting treatment for an asset that is fully depreciated, but continues to be used in a business?

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The asset that is fully deprecated should report in balance sheet at …View the full answer


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Related Book For  answer-question
Intermediate Accounting

Intermediate Accounting

ISBN: 978-0071339476

Volume 1, 6th Edition

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

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Posted Date: November 30, 2017 10:02:26
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