Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. what is accrual depreciation? how is it calculated

what is accrual depreciation? how is it calculated. someone give an example please

70.2K

Verified Solution

Question

Accounting

what is accrual depreciation? how is it calculated. someone give anexample please

Answer & Explanation Solved by verified expert
4.4 Ratings (938 Votes)
Accrual Depreciation The reduction in the actual value of the property over a period of time One among the main reason for accrued depreciation will be wear and tear obsolescence and other reasons attached thereto Accrued depreciation is also known as accumulated depreciation There are two types of calculated in accrual depreciation Straightline method Declining balance method Straight line method With the straightline method you choose to depreciate your property an equal amount for each year over its useful life span Here are the steps to calculate monthly straightline depreciation First subtract the assets    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Lab 1: Using the Scientific Method Worksheet At a local town meeting, one of your neighbors...

Biology
Q

Provide an example of institutional discrimination. Explain how this social problem became incorporated into social policies and...

Psychology
Q

An experiment on tethered mine motions is to be conducted in fresh water in a wave...

Mechanical Engineering
Q

What would be the acceleration voltage that we have to apply in the e/m ratio apparatus,...

Physics
Q

Is AIG too big to fail? 250 words

Economics
Q

A 1000 kg rocket is fired from the surface of earth so that its exhaust...

Physics
Q

Find R and given the components R, = 15.11 and R, = 7.31.R=

Basic Math
Q

There are 45 new houses being built in a neighborhood Last month houses are left...

Basic Math
Q

en y t 3t 6t 7 and y 0 12 find y t

Calculus
Q

Goshford Company produces a single product and has capacity to produce 100,000 units...

Accounting
Q

Tall Timbers reports the following data for its first year of operation. What is the...

Accounting
Q

[The following information applies to the questions displayed below.] Karane Enterprises, a calendar-year manufacturer based...

Accounting