I have a question about the deprecation. It says '"In effect, depreciation expense paid in advance

when the asset is originally purchased" Can you explain me what does mean? Is this mean deprecation is prepaid expense?

Depreciation expense occurs continuously over the life of the asset, but there are no dart? "depreciation transactions." In effect, depreciation expense is paid in advance when the axt is originally purchased. Therefore, adjusting entries are needed at the end of each accouning period to transfer an appropriate amount of the asset's cost to depreciation expense. Depreciation Is Only an Estimate The appropriate amount of deprecition 135 expense is only an estimate. After all, we cannot look at a building or a piece of equipmint