depreciation expense

Frequency: 5.54.0 per million words

the portion of a fixed asset's cost that is recognized as an expense during an accounting period

expenseADJECTIVE + NOUN

Categories:

depreciation

Examples (10)

  • The company recorded a significant depreciation expense for its aging equipment.
  • Annual depreciation expense must be calculated for all fixed assets.
  • The accountant adjusted the depreciation expense based on the asset's useful life.
  • Higher depreciation expense reduced the company's taxable income this year.
  • We need to review our depreciation expense calculations before the audit.
  • The building's depreciation expense was spread over 40 years.
  • Accelerated depreciation expense methods can provide tax advantages.
  • The monthly depreciation expense for the machinery was $2,500.
  • Software depreciation expense is typically amortized over three years.
  • The financial statement clearly shows the depreciation expense for each asset category.