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Growth · June 4, 2018

What is Depreciation: The Ultimate Guide (With Examples)

Learn how depreciation really works!

What is Depreciation: The Ultimate Guide (With Examples) launched on June 4, 2018 with 4 votes.

What it does

Depreciation is an income tax deduction, which lets you to spread and recover the cost of fixed assets over their usable lifespan. Depreciation expenses should be recorded in accounting books as well. This guide will cover both use-cases.

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