Depreciable amount is: Cost of an asset less Residual value. The depreciable amount of an asset should be allocated on a systematic basis over its useful life. Depreciation Method The depreciation method used should reflect the pattern in which the…
Depreciable amount is: Cost of an asset less Residual value. The depreciable amount of an asset should be allocated on a systematic basis over its useful life. Depreciation Method The depreciation method used should reflect the pattern in which the…