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Which of the following assets is not required to be depreciated/amortised?LandMachineryTrademarksMotor vehicles

Question

Which of the following assets is not required to be depreciated/amortised?LandMachineryTrademarksMotor vehicles
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Solution 1

Land is not required to be depreciated/amortised.

Depreciation and amortisation are methods of allocating the cost of an asset over its useful life. However, land is considered to have an indefinite useful life and does not wear out or get used up like machinery, motor vehicles, or intangible asset Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.

Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
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