Accounting for IGCSE & O level - Accounting Procedures (Section 16 - No. 29)
What happens to the Depreciation Expense when an asset is disposed of?
Depreciation Expense remains unchanged.
Depreciation Expense is written off to zero.
Depreciation Expense is debited.
Depreciation Expense is updated up to the date of disposal.
Explanation
Depreciation Expense is calculated up to the date of disposal.
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