Monday, March 27, 2017 11:13:05 AM
Businesses depreciate long-term assets for both tax and accounting purposes. The former affects the balance sheet of a business or entity, and the latter affects the net income that they report. Generally the cost is allocated, as depreciation expense, among the periods in which the asset is expected to be used.
See this post for clarity
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=129335276
Our friend Cryptofan surmises the following...makes sense
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