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    Periodic Depreciation Expense Is Primarily The Result of Applying The

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    jahnhannalei marticio
    The document discusses periodic depreciation expense and causes of depreciation. Periodic depreciation expense results primarily from applying the matching principle, which matches the cost of an asset to the period it benefits. All causes of depreciation are listed except for the decline in current market value of the asset.

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    Periodic Depreciation Expense Is Primarily The Result of Applying The

    Uploaded by

    jahnhannalei marticio
    669 views1 page
    The document discusses periodic depreciation expense and causes of depreciation. Periodic depreciation expense results primarily from applying the matching principle, which matches the cost of an asset to the period it benefits. All causes of depreciation are listed except for the decline in current market value of the asset.

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    Periodic Depreciation Expense is Primarily the Result of Applying The

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    The document discusses periodic depreciation expense and causes of depreciation. Periodic depreciation expense results primarily from applying the matching principle, which matches the cost of an asset to the period it benefits. All causes of depreciation are listed except for the decline in current market value of the asset.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    669 views1 page

    Periodic Depreciation Expense Is Primarily The Result of Applying The

    Uploaded by

    jahnhannalei marticio
    The document discusses periodic depreciation expense and causes of depreciation. Periodic depreciation expense results primarily from applying the matching principle, which matches the cost of an asset to the period it benefits. All causes of depreciation are listed except for the decline in current market value of the asset.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 1

    1.

    Periodic depreciation expense is primarily the result of applying the:

    a. Revenue principle
    b. Full-disclosure
    c. Cost principle
    d. Matching principle

    2. All of the following are causes of depreciation except:

    a. Obsolescence of the asset


    b. Inadequacy of the assets
    c. Wear and tear from operational use
    d. Decline in current market value of the asset

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