John owns the building in which he operates his business. Which of the following
ID: 2328290 • Letter: J
Question
John owns the building in which he operates his business. Which of the following would not require depreciation John buys and installs used manufacturing equipment John has his equipment inspected nand serviced every year John replaces the entire roof on the building after a particularly bad storm John buys computer equipment for his business John owns the building in which he operates his business. Which of the following would not require depreciation John buys and installs used manufacturing equipment John has his equipment inspected nand serviced every year John replaces the entire roof on the building after a particularly bad storm John buys computer equipment for his business John owns the building in which he operates his business. Which of the following would not require depreciation John buys and installs used manufacturing equipment John has his equipment inspected nand serviced every year John replaces the entire roof on the building after a particularly bad storm John buys computer equipment for his business John buys and installs used manufacturing equipment John has his equipment inspected nand serviced every year John replaces the entire roof on the building after a particularly bad storm John buys computer equipment for his businessExplanation / Answer
John buys and installs used manufacturing equipment - This would require depreciation as equipment are subject to depreciation
John has his equipment inspected and serviced every year - There will be no depreciation require for inspecting and servicing the equipment
John replaces the entire roof on the building after a particularly bad storm - This would be covered in the depreciation of the building
John Buys computer equipment for his business - There would be depreciation on computer equipment