Question

Listed below are several statements about items required to be disclosed for depreciation. Some of the items are required to be disclosed and some are not required to be disclosed.

Required: Indicate in the space provided which items are required to be disclosed for depreciation by checking the appropriate box next to your answers

NOTE: THIS IS A MULTIPLE ANSWER QUESTION WITH MORE THAN ONE ANSWER

		the useful lives for each major class of depreciable asset
		the accumulated depreciation for each major class of depreciable asset or in total
		depreciation expense for the period
		the balance of major classes of depreciable assets
		A general description of the method(s) used for computing depreciation

Answer 1

Required: Indicate in the space provided which items are required to be disclosed for depreciation by checking the appropriate box next to your answers

the useful lives for each major class of depreciable asset	No disclosure requirement
the accumulated depreciation for each major class of depreciable asset or in total	disclosure requirement
depreciation expense for the period	disclosure requirement
the balance of major classes of depreciable assets	disclosure requirement
A general description of the method(s) used for computing depreciation	disclosure requirement