Accountancy, asked by aashishagrawal1974, 7 months ago


charged depreciation on building is increase in

Answers

Answered by deshdeepak88
10

Answer:

The depreciable amount is depreciated/allocated on a systematic basis over the useful life of the building. So it is technically possible not to depreciate buildings. Depreciation on a building is therefore recognised only if the residual value of the building (not of the land) is less than its carrying amount.

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