Accumulated depreciation: Difference between revisions
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Land is not depreciated as its value is not considered to diminish over time. | Land is not depreciated as its value is not considered to diminish over time. | ||
== See also == | == See also == | ||
* [[Depreciation]] | * [[Depreciation]] | ||
* [[Total assets]] | * [[Total assets]] | ||
Revision as of 15:10, 17 June 2016
The accounting values of most fixed assets, such as buildings, machinery, office equipment and vehicles are depreciated over their useful lifetime.
Land is not depreciated as its value is not considered to diminish over time.
