Accounting for IGCSE & O level - Accounting Procedures (Section 22 - No. 37)
Which of the following would increase the amount of depreciation expense?
An increase in the asset's cost.
A decrease in the asset's useful life.
An increase in the asset's salvage value.
A change in the depreciation method.
Explanation
A higher asset cost or a shorter useful life will result in increased depreciation expense.
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