Ask Experts Questions for FREE Help !
Ask
    kkerns1's Avatar
    kkerns1 Posts: 1, Reputation: 1
    New Member
     
    #1

    Oct 13, 2016, 10:02 AM
    Used building depreciation
    How do I determine the depreciable life on the purchase of a used building?
    tickle's Avatar
    tickle Posts: 23,796, Reputation: 2674
    Expert
     
    #2

    Oct 14, 2016, 04:55 AM
    Google has quite a few sites for this application. Google 'used building depcreciation"

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Accumulated Depreciation & Depreciation Expense Accounts [ 1 Answers ]

For the trial balance I don't know if I should enter any values under the accumulated depreciation and depreciation expense accounts. Here are two of the transactions: May 2: Night purchased a surround sound system and big screen TV with a digital satellite system for the guest lounge. The...

Compute the annual depreciation cost using the straight-line method of depreciation. [ 3 Answers ]

On January 1, 2007, Kenyan Company had Notes Receivable of $11,000. The note receivable is from Brennan Company. It is a 4-month, 9% note dated December 31, 2006. During the year the following selected transactions occurred (Kenyan Company uses a periodic inventory system.). Jan. 5 Sold...

Beggening book value 2450.00 depreciation rate 40% what is the annual depreciation? [ 1 Answers ]

My beginning book value is 2,450.00 my depreciation rate is 40% what is my annual depreciation?

Building depreciation on Income Statement [ 1 Answers ]

In 2009, the company's accountant discovered that dpreciation expense in 2008 for the office building was overstated by $300,00. Building represent the corporate headquarters and manufacturing facilities; How do I account for the $300,000 on the Income Statement?


View more questions Search