The reduction in the value of an asset over multiple years is called Depreciation. A Depreciation Schedule represents the reduction in the asset value or amount over its lifetime. This schedule is used for calculating total yearly depreciation. Depreciation Terms: Cost (C):This is the cost of ...
The reduction in the value of an asset over multiple years is called Depreciation. A Depreciation Schedule represents the reduction in the asset value or amount over its lifetime. This schedule is used for calculating total yearly depreciation. Depreciation Terms: Cost (C):This is the cost of ...