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DBA Lessons for Founders - TOPIC 3 Types of Adjusting Entries - Depreciation (A Special Way of Converting Assets to Expenses) You're still running Tech Solutions India. 🚀 What is Depreciation? 🤔 Think about your big-ticket items that last for y
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Let me summarise this 😊 Depreciation refers to the wear and tear of tangible fixed assets, such as machinery and buildings (excluding land). Each year, you can deduct a fixed amount or a percentage of these assets until their value reaches zero at
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