menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Accounting Study Set 1
  4. Exam
    Exam 10: Long -Term Assets
  5. Question
    The Depreciable Cost of an Asset Is
Solved

The Depreciable Cost of an Asset Is

Question 137

Question 137

Multiple Choice

The depreciable cost of an asset is


A) the unexpired cost of the asset.
B) original cost minus residual value.
C) the expired cost of the asset.
D) original cost minus accumulated depreciation.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q132: If the carrying value of goodwill is

Q133: Management has considerable latitude in making judgments

Q134: If a company's free cash flow is

Q135: The cost of assets acquired for a

Q136: Lewis Company purchased a machine for $60,000.The

Q138: Chow Company sold a car for $18,100.The

Q139: According to generally accepted accounting principles,the proper

Q140: An intangible asset with a determinable useful

Q141: On January 1,a machine with a useful

Q142: Gain on Sale of Machinery is recorded

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines