DepreciationDepreciation is the process of allocating an asset’s cost to expenses over the course of its useful life. Related Articles:Top 40 Questions and Answers-Materials [With PDF]9 Important Accounting Concepts [Notes with PDF]Classification of Transactions [Notes with PDF]Limitations of Accounting: Understanding the Boundaries of Financial Reporting [With PDF]Adjusting Entries-Definition, Example, Types, Importance, and Format [Notes with PDF]
