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