Term | Definition |
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Depreciation | Depreciation a method of allocating the cost of a fixed asset over the anticipated life of the asset, showing a portion of the cost, for each accounting period of the life, as an expense on the income statement. |
Term | Definition |
---|---|
Depreciation | Depreciation a method of allocating the cost of a fixed asset over the anticipated life of the asset, showing a portion of the cost, for each accounting period of the life, as an expense on the income statement. |