Useful life: Difference between revisions

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''Accounting''.   
''Accounting''.  
The length of time an asset is in use. The asset should be depreciated over its useful life.
   
The length of time an asset is in use.  
 
The asset should be depreciated over its useful life.
 


== See also ==
== See also ==
* [[Depreciating asset]]
* [[Depreciating asset]]
* [[Depreciation]]
* [[Short life asset]]


[[Category:Accounting,_tax_and_regulation]]

Latest revision as of 20:11, 27 June 2022

Accounting.

The length of time an asset is in use.

The asset should be depreciated over its useful life.


See also