Depreciation
DEPRECIATION
Liis Kalma
RP101
Wh at i s d ep reci ati on ?
Reduction in value or the effective economic life of an asset arising from
the:
Passage of time
Use or abuse
Wear and tear
Influence of the elements
Stoppage of demand for use
Wha t can be de pre ci at e d ?
Tangible depreciable property:
Livestock (purchased)
Machinery Buildings and improvements, fences
Dams, ponds, or terraces, etc
Intangible depreciable property:
Goodwill
Computer software
Copyrights, patents, etc
annaabi.ee 
