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What Are the Three Types of Depreciation Methods Used by Accountants?

April 26, 2017Accountants Accounting cycle calculated companies depreciation method methods types Used

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What Are the Three Types of Depreciation Methods Used by Accountants?

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Depreciation plays a major role in all companies. Accountants need to document how much the assets that a company owns have depreciated over time. This means that they must calculate how much of the original purchase price that an item is worth as time passes.