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.
Print Archive RSS. (SANTA CLAUS) - Holiday World and Splashin' Safari has torn down what was once billed as the world's tallest water ride. The park's president says the ride, once called Pilgrim's Plunge, was closed more than it was open. The ride was recently renamed Giraffica.. Holiday World and Splashin' Safari is scheduled to open this weekend with a new swinging ship ride and a Friday night fireworks display.