Accountancy, asked by sudhanshu4370, 9 months ago

Describe any three factors to be taken into consideration in selecting depreciation method.​

Answers

Answered by dplincsv
3

Explanation:

There are four main factors to consider when calculating the depreciation expense are as follows:

  • The cost of the asset.
  • The estimated salvage value of the asset
  • Estimated useful life of the asset
  • Obsolescence should be considered when determining an asset's useful life and will affect the calculation of depreciation.

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