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: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

You are given the sample mean and the population standard deviation. Use this information to construct...

Biology
1.2K views

1 Think about what you already know about to answer the Supporting Question Write about...

Physics
1.2K views

A particle of mass m is initially at rest at the origin It is subjected...

Physics
1.2K views

Which of the following is more close to a black body Black board paint 2...

Calculus
1.2K views

45t 6 A particle has a velocity modeled by v t 5t3 2t 4 What...

Algebra
1.2K views

Given f x and g x k f x use the graph to determine the...

Algebra
1.2K views

Graph f x x x 6 3 x Proper zeroes 1 End behaviours 1 Shape...

Accounting
1.2K views

Crude Birth Rate in 2013 Computation (encircle...

Accounting
1.2K views

. In a company that uses process costing, the cost of goods manufactured is equal...

Accounting
1.2K views

Sales were $66,000. Cost of merchandise sold was 75% of sales. 65% of sales were...

Accounting
1.2K views

2 Part 1 of 4 20 points eBook Print References ! Required information [The following...

Accounting
1.2K views

According to Figure 174,B is the performance measure referred to as Figure 17-4 Multiple Choice...