Depreciation is a historical cost. Depreciation is the systematic and gradual reduction in the value of the fixed asset (as recorded in the books of accounts) due to the continuous wear and tear or obsolescence over a period of time. Copy the link given below and paste it in new browser window to get more information on Depreciation Methods:- http://www.transtutors.com/homework-help/accounting/depreciation-methods.aspx

1. Depreciation Methods

2. Asset Class

3. Similar Assets

4. Depreciation Chart

5. Causes of Depreciation

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