What are the things that don't depreciate in value?

Business Economics Depreciation

Question:

Depreciation:

Depreciation refers to the loss in the worth of an asset over a period of time. Businesses maintain a separate depreciation account for their tangible assets in the books of accounts. A certain percentage of the book value of these assets is deducted from their value each year to show depreciation.

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Things that don't depreciate in value are things that don't lose their qualities as time passes or things that actually increase in value with the...

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What are the things that don't depreciate in value? | Homework.Study.com (2024)