“>We are always surrounded by legacy infrastructure—what accountantsoften call depreciating assets! Almost all assets depreciate,and businesses typically write off the value of such assets over a period.It's a common practice to see assets such as PCs written off the companybooks entirely after five years (the value of each year's depreciation canoften be written off against taxes). Although these assets have no notionalaccounting value, they usually have to be used an
continue >>
Comments (0)
C-C Plus
Tags: