Depreciation is simply the difference between the original cost of a fixed asset and the proceeds from the sale of the asset. Depreciation, therefore, cannot be determined until after the asset is sold. Often called "actual depreciation."
Depreciation is simply the difference between the original cost of a fixed asset and the proceeds from the sale of the asset. Depreciation, therefore, cannot be determined until after the asset is sold. Often called "actual depreciation."
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