Business Economics Depreciation
Question:
What are the things that don't depreciate in value?
Depreciation:
Depreciation refers to the loss in the worth of an asset over a period of time. Businesses maintain a separate depreciation account for their tangible assets in the books of accounts. A certain percentage of the book value of these assets is deducted from their value each year to show depreciation.
Answer and Explanation:1
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Things that don't depreciate in value are things that don't lose their qualities as time passes or things that actually increase in value with the...
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Depreciation Expense| Definition, Types & Formula
from
Chapter 5/ Lesson 14
74K
Learn about different methods of depreciation and depreciation expense, including: straight-line and declining methods, as well as the difference between physical depreciation and economic depreciation.
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