Published on October 20, 2015
ACC 422 Week 3 DQ 1 For more classes visit www.snaptutorial.com Week 3 – DQ 1 What is the purpose of depreciation? Does the book value of a fixed asset (cost minus accumulated depreciation) communicate to a user what the asset is worth? Explain why or why not. Should the financial statements reflect the value of fixed assets? Explain why or why not.