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    chevychev's Avatar
    chevychev Posts: 6, Reputation: 1
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    #1

    Jan 31, 2011, 09:43 AM
    Assets useful life
    When the estimate of an assets useful life is changed,
    a) depreciation exp for all past periods must be recalculated.
    b) there is no change in the amount of depreciation exp recorded for future yrs
    c) only the depreciation exp in the remaining yrs is changed
    d) none of the above are true
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
    Ultra Member
    		  
    #2

    Jan 31, 2011, 09:59 AM

    This is a duplicate post and has been answered in your other post.
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