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REQUEST FOR PROPOSAL No.:RFP 1819101Title:DP & L Line WorkPrebid Proposal Conference:Prebid Proposal meeting to be held May 20, 2019, at 10:00 a.m. in the training room at City of Danville Utilities,
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The dP&L line refers to the Depreciation and Amortization line on a financial statement, which shows the amount of depreciation and amortization expenses incurred by a company.
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Companies that prepare financial statements in accordance with accounting standards are required to include a dP&L line in their statements.
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To fill out the dP&L line, companies need to calculate the depreciation expense for tangible assets and the amortization expense for intangible assets, then report the total amount on the financial statement.
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The purpose of the dP&L line is to show the allocation of the cost of tangible and intangible assets over their useful lives, representing the ongoing expense of using those assets in the business.
What information must be reported on dp amp l line?
The dP&L line must include the depreciation expense for tangible assets such as buildings and equipment, as well as the amortization expense for intangible assets like patents and trademarks.
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