Depreciation is the reduction in the value of an asset over time due to wear and tear. Depreciation is used for both tax and accounting purposes when recording the value of mainly equipment or machinery.
Depreciation is the reduction in the value of an asset over time due to wear and tear. Depreciation is used for both tax and accounting purposes when recording the value of mainly equipment or machinery.
The new year is often associated with a fresh start! We make resolutions, intent on improving our lives and sometimes