Examlex
If you go to a schoolyard when children are at play,it is quite likely that you will notice that the girls are playing separately from the boys.This phenomenon is known as
Depreciable Cost
The total cost of a tangible asset that can be depreciated over its useful life, excluding salvage value.
Depreciation Expense
Dividing the expense of a material asset throughout its service life.
Straight-Line Depreciation
A method of depreciating an asset evenly over its useful life, allocating an equal portion of the asset's cost as an expense in each accounting period until it reaches its salvage value.
Depreciable Cost
Depreciable cost is the cost of a fixed asset minus its salvage value, over which the asset's cost can be depreciated over its useful life.
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