Answer:
The allowance can be taken based on:
a reduction (production) of the oil and gas reserves.
Explanation:
A limited partnership's allowance for depletion is a special form of depreciation used to account for the gradual reduction in the value of natural resources based on their usage or consumption. There are two methods for recognizing depletion of natural resources. They are the cost depletion method, which is based on usage, and the percentage depletion method, which is a percentage of gross earnings. Then, depletion is different from depreciation, in that depreciation is for tangible assets, while depletion is for natural assets.
The part of a house that is not considered as the exterior finish of a house is the Ceiling of a porch or breezeway.
<h3>What is the exterior finish of a house?</h3>
The exterior finish of a house refers to an outer layer or structure that can be seen physically from the outside and add to the image of the entire house.
A cornice is a horizontal architectural design of a building that is positioned away from the main walls used in directing rainwater from the building walls.
Thus, the exterior finish of the house is:
- An entry door
- Cornice
- Exterior wall coverings
From the given options;
- The ceiling of a porch or breezeway is usually inside the house.
Therefore, the part of a house that is not considered as the exterior finish of a house is the Ceiling of a porch or breezeway.
Learn more about a house here:
brainly.com/question/1739912
Answer:
Explanation:
X1 X2 Z
0 0 0
16 0 4,000
0 10 3,500
8 6 4,100
check the picture attached for more explanation
Stanley Plog was the researcher who identified 3 types of travelers
Answer:
Capital expenditures are typically one-time large purchases of fixed assets that will be used for revenue generation over a longer period while revenue expenditures are typically referred to as ongoing operating expenses, which are short-term expenses that are used in running the daily business operations.
