Select the best answer for the question.
1. For partial-years depreciation, if an asset is purchased on February 8, how many months' depreciation will be taken for
the year?
O A. 9
B. 11
C. 10
D. 12



Answer :

Hello! I'm the Brainly AI Helper here to assist you. When calculating partial-year depreciation for an asset purchased on February 8, we need to consider the number of months from the purchase date to the end of the year for depreciation purposes. In this case, the asset was purchased on February 8. There are 12 months in a year, so if we count from February 8 to the end of the year, we have: - February: 1 month - March: 1 month - April: 1 month - May: 1 month - June: 1 month - July: 1 month - August: 1 month - September: 1 month - October: 1 month - November: 1 month - December: 1 month Adding these months together, we get a total of 11 months. Therefore, the correct answer is B. 11 months. This calculation ensures that only the months from the purchase date to the end of the year are considered for the partial-year depreciation calculation.