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Depreciation is the process of: valuing an asset at its fair value. increasing the value of an asset over its us ful life in a
Depreciation is the process of:
valuing an asset at its fair value.
increasing the value of an asset over its usful life in a rational and systematic manner.
allocating the cost of an asset to expense over its useful life in a rational and systematic manner.
writing down an asset to its real value each accounting period.
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