What does depreciate mean in accounting

Posted on 06.07.2018 by Admin
Depreciation is an indispensable part of accounting and tax law. Unlike amortization which does not have any subtypes, there are different types of depreciation methods. Simplest, most used and popular method of charging depreciation is the straight-line method.
What does depreciate mean in accounting
Simply divide the depreciable cost by the useful life. There's more to depreciation than just the definition. Traditionally, financial accounting textbooks tend to focus on the straight-line method because it is easy to calculate.

What is depreciation allowance.

What does depreciate mean in accounting
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