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depreciation:non-current asset

Filed under: accounting — keldog at 12:13 am on Thursday, August 27, 2009

\the hot dog \

 

Depreciation: The process of allocating the cost of  a non-current assetover its effective useful life.

For example; computers are usually only meant to last for an average of three years.



1 Comment »

194

   free accounting

December 25, 2009 @ 3:10 am   

The way explained depreciation here is very interesting and can understand easily.

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