Which of the following is not a required disclosure about, Ask an Expert

Accounting

Which of the following is not a required disclosure about each major class of capital assets?

A. Beginning-of-year and end-of-year balances showing accumulated depreciation separate from historical cost.

B. Capital acquisitions and sales or other dispositions during the year showing the date and method of acquisition or disposition.

C. Depreciation expenses for the current period with disclosure of the amounts charged to each function in the statement of activities.

D. Disclosures describing works of art or historical treasures that are not capitalized and describeing why they are not capitalized.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M948280

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