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________ is an accounting procedure for systematically spreading the cost of a tangible asset over ...
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________ is an accounting procedure for systematically spreading the cost of a tangible asset over ...
________ is an accounting procedure for systematically spreading the cost of a tangible asset over its estimated useful life.
▸ Profit basis
▸ Accrual basis
▸ Cash basis
▸ Depreciation
▸ Deferral basis
Textbook
Business in Action
Edition:
9
th
Authors:
Bovee, Thill
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Depreciation
Depreciation is an accounting procedure for systematically spreading the cost of a tangible asset over its estimated useful life.
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