Botdf funny interview

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Botdf funny interview

Depreciation is technically a method of allocation, not valuation,[3] even though it determines the value placed on the asset in the balance sheet. This expense is recognized by businesses for financial reporting and tax purposes. There are several standard methods of computing depreciation expense, including fixed percentage, straight line, and declining balance methods. These may be specified by law or accounting standards, which may vary by country. This is usually done in a rational and systematic manner. Generally the cost is allocated, as depreciation expense, among the periods in which the asset is expected to be used. Businesses depreciate long-term assets for both tax and accounting purposes.

Botdf funny interview

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