Depreciation
id:
depreciation-173-17876518
title:
Depreciation
text:
In accountancy, depreciation is a term that refers to two aspects of the same concept: first, an actual reduction in the fair value of an asset, such as the decrease in value of factory equipment each year as it is used and wears, and second, the allocation in accounting statements of the original cost of the assets to periods in which the assets are used. Depreciation is thus the decrease in the value of assets and the method used to reallocate, or "write down" the cost of a tangible asset over
brand slug:
wiki
category slug:
encyclopedia
description:
Decrease in asset values, or the allocation of cost thereof
original url:
https://en.wikipedia.org/wiki/Depreciation
date created:
2003-08-07T18:54:10Z
date modified:
2024-09-02T11:53:15Z
main entity:
{"identifier":"Q114403","url":"https://www.wikidata.org/entity/Q114403"}
image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/5/5d/Depreciation_car.svg","width":487,"height":289}
fields total:
13
integrity:
16