Question

a depreciation lapse schedule is a means of keeping records of all depreciable items​

Answer 1

Answer:

DEPRECIATION LAPSE SCHEDULES A depreciation lapse schedule is a means of keeping depreciation records for eachitem in each year with a minimum of effort. ... The sum of each row is the total depreciation expense for each asset. The sum of each column is the annual depreci- ation expense for all depreciable assets.12-