Cost Adjustments to Assets Using a Flat-Rate Depreciation Method
Example: You place an asset in service in Year 1, Quarter 1. The recoverable cost is $4,000. You are depreciating the asset cost at a 20% flat-rate. In Year 1, Quarter 4, you change the recoverable cost to $4,800.
Expensed
Amortized
See Also
Changing Financial and Depreciation Information
Amortized and Expensed Adjustments
Depreciation Rules (Books)