book depreciation

Book Depreciation

A depreciation method based on the accounting method a company uses. That is, book depreciation is used for a company's internal and external accounting reports. It contrasts with tax depreciation, the method used to conform to the rules of the relevant tax agency.

book depreciation

The amount of depreciation expenses deducted for a property on the books and records of a company.Book depreciation may be charged at a faster or slower rate than allowed by the IRS,in order to provide management with a realistic view of the gradually diminishing value of the company's assets.

单词	book depreciation
释义	book depreciation Book Depreciation A depreciation method based on the accounting method a company uses. That is, book depreciation is used for a company's internal and external accounting reports. It contrasts with tax depreciation, the method used to conform to the rules of the relevant tax agency. book depreciation The amount of depreciation expenses deducted for a property on the books and records of a company.Book depreciation may be charged at a faster or slower rate than allowed by the IRS,in order to provide management with a realistic view of the gradually diminishing value of the company's assets.
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