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Difference Between Unplanned run and Unplanned depreciation?

Updated May 18, 2018

What is the difference between unplanned run and unplanned depreciation?

Comments

17 Apr 2014 1:10 pm Guest Best Answer

When fixed asset (such as property,plant, equipment) is bought, the depreciation is planned over the usefull life of the asset and based on the expected life of the asset. This is planned depreciation.

Any accidental damage ( not considered initially when asset acquired ) that causes permanent reduction in the value of the asset is Unplanned depreciation

Ordinary depreciation reflects the wear and tear deduction over the useful life of the asset, which is allowance % given on the cost of acquisition.

VR

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