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You make no sense with your statement about depreciation. Depreciation is expense which lowers profit. It's the accounting mechanism we use to spread one-time
by dbenhur 9y ago
You make no sense with your statement about depreciation. Depreciation is expense which lowers profit. It's the accounting mechanism we use to spread one-time capital cash outlays over the service life of an asset so as to more realistically calculate profit and loss on an ongoing basis.