114k views
0 votes
Which of the following is a nondepreciable asset?

A. Desk chairs
B. Land
C. Computer
D. Building

User Dmzkrsk
by
8.0k points

2 Answers

3 votes

Answer:

B . Land

Step-by-step explanation:

Land is not depreciated because land is assumed to have an unlimited useful life. Other long-lived assets such as land improvements, buildings, furnishings, equipment, etc. have limited useful lives. Therefore, the costs of those assets must be allocated to those limited accounting periods.

User Bdoubleu
by
7.3k points
5 votes

B. Land......

.............................................................

User Matcygan
by
7.9k points