Bookkeeping

11 3: Explain and Apply Depreciation Methods to Allocate Capitalized Costs Business LibreTexts

Different companies may set their own threshold amounts to determine when to depreciate a fixed asset or property, plant, and equipment (PP&E) and when to simply expense it in its first year of service. For example, a small company might set a $500 threshold, over which it will depreciate an asset. On the other hand,

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