What is the reasoning behind allowing for the depreciation


Question: What is the reasoning behind allowing for the depreciation of improvements but not the land on which the improvements are built? Buildings deteriorate over time while land value increases. O Land value is high relative to the value of the improvements. O The value of improvements is high relative to land value. O Land decreases in value over time while building values increase.

 

Request for Solution File

Ask an Expert for Answer!!
Other Subject: What is the reasoning behind allowing for the depreciation
Reference No:- TGS03425012

Expected delivery within 24 Hours