Depreciation is the decrease in value of physical property over time. It serves two main purposes: to recover capital invested in physical assets and to charge the cost of using those assets to the production of goods and services. There are three main types of depreciation: normal depreciation, depreciation due to inflation, and depletion from use of resources.
Depreciation is the decrease in value of physical property over time. It serves two main purposes: to recover capital invested in physical assets and to charge the cost of using those assets to the production of goods and services. There are three main types of depreciation: normal depreciation, depreciation due to inflation, and depletion from use of resources.
Depreciation is the decrease in value of physical property over time. It serves two main purposes: to recover capital invested in physical assets and to charge the cost of using those assets to the production of goods and services. There are three main types of depreciation: normal depreciation, depreciation due to inflation, and depletion from use of resources.
Depreciation is the decrease in value of physical property over time. It serves two main purposes: to recover capital invested in physical assets and to charge the cost of using those assets to the production of goods and services. There are three main types of depreciation: normal depreciation, depreciation due to inflation, and depletion from use of resources.
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DEPRECIATION
IS THE DECREASE IN VALUE OF PHYSICA PROPERTY WITH THE PASSAGE TIME.
Purposes of depreciation To provide for the recovery of capita which has been invested in physical property. To enable the cost of depreciation to be charged to the cost of producing products or services that results from the use of the property.
TYPES OF DEPRECIATION Normal depreciation Depreciation due to the changes in price levels depletion
