Explore BrainMass
Share

Deprciation of Fixed Assets

Give two examples of fixed assets that you believe should be depreciated with different methods. Do not identify the appropriate methods.

© BrainMass Inc. brainmass.com June 22, 2018, 6:53 pm ad1c9bdddf

Solution Preview

These two assets are 1) building used for a company's headquarters, and 2) land which is being mined by a mining company. Both the building and the land should be depreciated based on their useful lives and the 'amount' of usage in a given accounting period. This amount of usage is where the depreciation ...

Solution Summary

This response provides examples that can be depreciated differently.

$2.19