Depreciation is an accounting method that positions the cost of a physical or tangible asset over the asset’s lifespan. In many cases, depreciation indicates the amount of an asset’s value that has been used up to this point.
Depreciation is an accounting method that positions the cost of a physical or tangible asset over the asset’s lifespan. In many cases, depreciation indicates the amount of an asset’s value that has been used up to this point.