Depreciation Expense Explained: Asset Allocation Simplified
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Depreciation Expense Explained: Asset Allocation Simplified
Depreciation is a key accounting concept that helps allocate the cost of an asset over its useful life. When a long-term asset is purchased, it is often capitalized instead of being expensed in the given period. This is because that asset will generally still be economically useful and generate returns beyond that period, so expensing it in ...
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