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Homework answers / question archive / Identify the item below where the terms are not related O Oildepletion O Equipment-depreciation O - Patents-amortization Landdepreciation

Identify the item below where the terms are not related O Oildepletion O Equipment-depreciation O - Patents-amortization Landdepreciation

Accounting

Identify the item below where the terms are not related O Oildepletion O Equipment-depreciation O - Patents-amortization Landdepreciation

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ANSWER :LAND - DEPRECIATION

LAND CAN NEVER BE DEPRECIATED

EXPLANATION:

IF THERE IS DECLINE IN THE OIL PRODUCTION OF A WELL IT IS SAID TO BE DEPLETED

INTANGIBLE ASSETS ARE AMORTISED

EQUIPMENT, FURNITURE AND FIXTURES ARE DEPRECIATED

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