answersLogoWhite

0


Best Answer

Depreciation errors are generally corrected by the filing of an amended tax return or through the request of a change in accounting method. If an impermissible method of depreciation has been reported for at least two consecutive years, then a change in accounting method would be required to correct any errors.

User Avatar

thomasrochastar67

Lvl 3
โˆ™ 2022-06-21 19:19:59
This answer is:
User Avatar
Study guides

Algebra

20 cards

A polynomial of degree zero is a constant term

The grouping method of factoring can still be used when only some of the terms share a common factor A True B False

The sum or difference of p and q is the of the x-term in the trinomial

A number a power of a variable or a product of the two is a monomial while a polynomial is the of monomials

โžก๏ธ
See all cards
3.74
โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…
1190 Reviews

Add your answer:

Earn +20 pts
Q: What can be done if depreciation is not a whole number?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What do you think when the amount of depreciation to be charged is not a whole number?

There is no reason for it to be a whole number!


What is depreciation run in sap fi?

why depreciation run is done in asset accounting in sap fico


How do you round 3696 to a whole number?

3696 is a whole number, so nothing needs to be done.


How do you calculate property depreciation in india?

Property depreciation only done on building land is in nature of application


Divide a fraction by a whole number?

Yes, it can be done.


Difference between depreciation and devaluation of currency?

Depreciation is due to international economic pressures. Devaluation is done by the government.


How Do You Turn 152 Into A Whole Number?

Step 1: Close you eyes.Step 2: Open them. Its done! 152 is a whole number so you do not need to do anything to "turn it" into a whole number!


What is the phone number of the Depreciation Lands Museum in Allison Park Pennsylvania?

The phone number of the Depreciation Lands Museum is: 412-486-0563.


How is dividing a decimal by a whole number different than dividing 2 decimals?

Unlike dividing by a whole number, dividing buy a decimal number cannot be done directly - the divisor must first be converted to a whole number (and then the division can be done). The easiest way to do this conversion is to keep multiplying the divisor by 10 until a whole number is obtained; however, whatever is done to the divisor must also be done to the dividend, so by whatever the divisor is multiplied, the dividend must also be multiplied.


Sum of the year depreciation?

In sum of year digit depreciation method depreciation is charged based on total number of years fixed assets is usable in business instead of using any percentage or fixed amount of depreciation.


Why can't you multiply whole number parts by whole number parts and fractional parts by fractional parts?

you can It is possible to multiply any number by any other number, if you know how it is done.


What is the formula for a straight line depreciation method?

The formula for a straight line depreciation method is the Cost minus the Salvage Value over the Life in Number of Periods which will equal Depreciation.

People also asked