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Depreciation is a word we hear sometimes, even if we aren't an accountant. Prior to looking at the information in this lesson, how would you

Depreciation is a word we hear sometimes, even if we aren't an accountant. Prior to looking at the information in this lesson, how would you define depreciation in your own words? After working through the material in this lesson, take a closer look at the straight-line depreciation method vs the double declining depreciation method. Why might a company choose the double declining method over the straight-line depreciation?

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