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Summary Question1. Which of the follow2. Which of the following types of depreciation is releva $7.99   Add to cart

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Summary Question1. Which of the follow2. Which of the following types of depreciation is releva

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Which of the follow2Question1. Which of the follow2. Which of the following types of depreciation is relevant to real estate...? Economic depreciation Material depreciation Capital depreciation Unit-of-production depreciaing is considered a depreciable asset...? Land Buildings Personal use as...

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  • October 13, 2024
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Question


1. Which of the follow2. Which of the following types of depreciation is

relevant to real estate...? Economic depreciation Material depreciation Capital

depreciation Unit-of-production depreciaing is considered a depreciable asset...?

Land Buildings Personal use assets Furniture




Answer & Explanation


Let's address each question separately:


1. Which of the following is considered a depreciable asset?


o Land: Land is not considered a depreciable asset because it does

not wear out, become obsolete, or get used up.


o Buildings: Buildings are considered depreciable assets because

they have a finite useful life and can lose value over time due to

wear and tear.

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