Capital assets as they are used in business, leaving of the asset's benefits for the future. Throughout the asset's life, accountants to always increase in value retain the same value wear out and become obsolete Complete the short paragraph to explain the concept of depreciation as used in accounting Capital assets as they are used in business, leaving BE of the assets benefits for the future. Throughout the assets We accountants to less and less more and more the same amount of Complete the short paragraph to explain the concept of depreciation as used in accounting Capital assets as they are used in business, leaving of the asset's benefts for the future Throughout the assets if accountants gradually transfer part of the asset's cost record an increase in the value of the asset save an amount equal to a portion of the assets value Complete the short paragraph to explain the concept of depreciation as used in accounting Capital assets as they are used in business leaving of the se's benefits for the future Thoughout the asse's Me, accountants ta a contra-asset account called Accumulated Depreciation a revenue account called Gain on Capital Assets an asset account called Depreciation Expense an expense account caled Depreciation Expense be used to buy a replacement in the future