What Is Depreciation In Accounting

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Depreciation is a common accounting method that allocates the cost of a company’s fixed assets over the assets’ useful life. In other words, it allows a portion of a company’s cost of fixed assets …

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Depreciation allows businesses to track the cost of assets for accounting, tax, and operational purposes. When a company buys a fixed asset (such as a vehicle or manufacturing equipment), that asset …

"Depreciation Expense" will record the expense … from case western reserve university and a Master of Science in accounting from the University of Connecticut.

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