Which of the following disclosures is not required in the financial statements regarding depreciation?
a. accumulated depreciation, either by major classes of depreciable assets or in total
b. details demonstrating how depreciation was calculated
c. depreciation expense for the period
d. balances of major classes of depreciable assets, by nature and function
Answer: b. details demonstrating how depreciation was calculated
Business
You might also like to view...
During an argument with a coworker, Analiese became increasingly hostile and profane. This would best be described as ___________ communication.
a. nondefensive b. defensive c. nonverbal d. upward
Business
A frequencies table contains the raw counts for the cells based on the complete data set
Indicate whether the statement is true or false
Business