Questions
DepreciationGuru is always looking to add to the depth of information here. If you have questions on any of the existing topics, please feel free to add them to the comments and one of our moderators or other visitors can post a reply.
If you do not find any information on a particular fixed asset or depreciation topic, then please send us an email and we will do our best to research an answer. We can then post the new topic for others to read and add comments.
One Response Leave a comment
What is the journal entry to record the 50% bonus depreciation on an asset that cost $1,000,000? Does it affect the accumulated depreciation balance?