Question

Questions that need to be answered before the amount of depreciation charge should be computed:

What is the estimated useful life of the asset?
What is the estimated salvage value of the asset?
What depreciation method will be used for the asset?

Answer 1

Factors that need to be considered before computing the amount of depreciation charge for an asset include the estimated useful life, estimated salvage value, and depreciation method. the estimated salvage value of the asset, and the depreciation method that will be used for the asset.

Step-by-step explanation:

The subject of this question is Business and it is at a High School level. The question is asking about the factors that need to be considered before computing the amount of depreciation charge for an asset. These factors include the estimated useful life of the asset, the estimated salvage value of the asset, and the depreciation method that will be used for the asset.

Factors that need to be considered before computing the amount of depreciation charge for an asset include the estimated useful life, estimated salvage value, and depreciation method. the estimated salvage value of the asset, and the depreciation method that will be used for the asset.