Depreciation
Jump to navigation
Jump to search
Description
The systematic allocation of the cost of an asset to expense during the periods of its useful life.
Concept Prerequisite
Wikipedia Reference
http://en.wikipedia.org/wiki/Depreciation
Learning Material
Covered in Topic(s)
| Market Structure: Perfect Competition Monopoly and Monopolistic Competition |
| Plant & Intangible Assets |
| The Accounting Cycle: Accruals & Deferrals |