Ask Question
5 October, 20:05

Urban outsiders has a building that originally cost $390,000. the company expects to be able to sell the facility for $258,000 at the end of its useful life. the balance of the related accumulated depreciation account is $113,000. the depreciable cost of the facility is:

+3
Answers (1)
  1. 5 October, 21:50
    0
    The depreciable cost of Urban outsiders' facility is $1,32,000.

    Depreciable cost refers to the quantum of an asset's value that will be written off as depreciation expense.

    It is calculated as the difference between the original cost of the asset and the salvage value (Purchase price - Salvage Value).
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Urban outsiders has a building that originally cost $390,000. the company expects to be able to sell the facility for $258,000 at the end ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers