When an asset is no longer useful, it should be sold, traded, or discarded. The first step in recording the disposal of a plant asset is to update depreciation. Updating depreciation involves recording the depreciation expense for the time between the date on which depreciation was last recorded and the disposal date.
The largest mudslide in recorded history occurred just 140 miles south of Oso, on the slope of Mount St. Helens, when the volcano erupted in May 1980. The intense heat from the eruption instantly turned more than 70% of the snow and glacial ice on the mountain to water.
A deadly landslide that killed 44 and obliterated a riverside neighborhood in Washington state last March was fueled by rain soaking the site of an eight-year-old landslide, while logging in the area may have also played a role, according to a scientific report released Tuesday. Mudslide in Colombia May Portend El NiÃ±o Chaos.