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  • Worksheet On Depreciation and Inflation Part A

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    Kurt So
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    Depreciation is the decrease in value of an asset over time due to wear and tear or obsolescence. Inflation causes the dollar value of assets to decrease over time even if their usefulness remains constant. To accurately account for both depreciation and inflation, companies calculate the real value of depreciation by adjusting historical costs for inflation using an inflation index.

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    Depreciation is the decrease in value of an asset over time due to wear and tear or obsolescence. Inflation causes the dollar value of assets to decrease over time even if their usefulness remains constant. To accurately account for both depreciation and inflation, companies calculate the real value of depreciation by adjusting historical costs for inflation using an inflation index.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    47 views2 pages

    Worksheet On Depreciation and Inflation Part A

    Uploaded by

    Kurt So
    Depreciation is the decrease in value of an asset over time due to wear and tear or obsolescence. Inflation causes the dollar value of assets to decrease over time even if their usefulness remains constant. To accurately account for both depreciation and inflation, companies calculate the real value of depreciation by adjusting historical costs for inflation using an inflation index.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    Worksheet on Depreciation and Inflation

    Part A

    Part B

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