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can someone help me? PROPERTY, PLANT, AND EQUIPMENT Required: 1) Briefly explain what depreciation (also known as amortization) means in accounting. (1 Mark) 2) Also

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PROPERTY, PLANT, AND EQUIPMENT Required: 1) Briefly explain what depreciation (also known as amortization) means in accounting. (1 Mark) 2) Also explain what type of account is accumulated depreciation and why is it used. (2 Marks) 3) Explain the double declining balance method of calculating depreciation and provide an example of when it would be an appropriate method to use. (2 Marks) Paragraph B I U A oo +

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