The value of a company's fixed assets (balance sheet), depreciation expenses (income

statement), and capital expenditures can only be predicted with the use of a depreciation

schedule (cash flow statement).

A financial asset gets depreciated when it is used to its full potential. Different categories

of property, plant, and equipment comprise economic assets (PP&E). The value of the

assets decreases as they are utilised. Value is lost at a varying rate depending on the type

of asset you own. A depreciation schedule is useful in determining the discrepancies.

There will be a list of the various asset classes, the depreciation method they utilize, and

the cumulative depreciation they've incurred at various periods in time on the timetable.

Capital expenditures, both past and future, may be included in the depreciation schedule

(CapEx).