Jun 25 2008
Learn about Depreciation
Depreciation is a term we hear about often, but not really understand. It is an essential component of accounting, however. Depreciation is a charge which has registered at the same time and in the same period as other accounts. On the long-term operating assets that are not intended for sale in the normal course of business are called capital. Fixed assets include buildings, machinery, office equipment, vehicles, computers and other equipment.
