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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.

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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.