Which of the following is not a depreciable asset?

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Which of the following is not a depreciable asset? Land improvements Equipment Buildings Land

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Which of the following is not a depreciable asset?

1. Land improvements
2. Equipment
3. Buildings
4. Land

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Answer:

d .

Step-by-Step explanation

Land:

It is the asset which assumed to be an unlimited life. Therefore, land improvements, buildings, and equipment all are have limited life of the asset.

Hence, option d is correct.

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