What Is Long-Term Debt? Overview and Example The Motley Fool
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Depreciation is used to allocate the cost of tangible assets over their useful life. For example, if a company has a building that cost $1,000,000 and has a useful life of 20 years, then the company will recognize $50,000 of depreciation expense each year ($1,000,000/20 years). Amortization is used to allocate the cost of intangible […]