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prin1113ci

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Posts: 86
Reply with quote  #1 
A method of allocating the cost of a tangible asset over its useful life . Businesses depreciate long-term assets for both tax and accounting purposes. A noncash expense that reduces the value of an asset as a result of wear and tear or obsolescence .


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shagydeep

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Posts: 18
Reply with quote  #2 
Hello,
Tangible asset and it's depreciation is reducing as per it's time goes on...
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