Inscrivez-vous ou connectez-vous pour rejoindre votre communauté professionnelle.
A fully depreciated asset cannot be revalued because of accounting's cost principle, matching principle, and going concern assumption. For instance, let's assume that a company purchased a building 30 years ago at a cost of $600,000. The company then depreciated the building at a rate of $20,000 per year for 30 years.
Well Said by Ms Doaa Mohamed