Depreciation of plant assets.

Also called property and equipment used to make or sell products and services for a company.

• Liabilities

• Owner's Equity

• Plant Assets

• Current Assets

One of the types of plant assets

• Land

• Equipment

• Buildings

• All options

One of asset that doesn't depreciate over time.

• Land

• Equipment

• Buildings

• Improvements

One of the factors that affect depreciation.

• Cost

• Useful life

• Salvage value

• All options

Used in the U.S. foe many years due to its simplicity.

• The straight line method

• The units of production method

• The sum-of-the years-digits method

• The double-declining balance method