What Is Depreciation?
Fundera
JULY 12, 2020
Depreciation is one of the most misunderstood business accounting concepts. Many business owners think this concept is nothing more than a calculation for tax purposes. Although your accountant will make a depreciation calculation as part of your tax return filing, there is so much more to this concept than a line on your tax return. Here, we will take an in-depth look at the depreciation definition, the four most common depreciation methods and when you would use each type, and even how you ca
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