The depreciable amount is:
A) the original cost less the residual value.
B) the net present value.
C) the original cost less the accumulated amortization.
D) the accumulated amortization less residual value.

Question

Quizplus · Accepted Answer

The depreciable amount is the cost of an asset that can be depreciated over its useful life. It is calculated by subtracting the asset's residual value (the estimated value at the end of its useful life) from its original cost. Therefore, the correct answer is A) the original cost less the residual value.

The Depreciable Amount Is