What is depreciation - SS1 Accounting Meaning of Depreciation Question
What is depreciation?
A
The process of allocating the cost of a tangible asset over its useful life
B
The process of selling a tangible asset at the end of its useful life
C
The process of increasing the value of a tangible asset over time
D
The process of recording the cost of intangible assets on the balance sheet
correct option: a
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