What Is Depreciable Life?
Depreciation life refers to the time elapsed after the depreciation of the balance of the total value of equipment at the depreciation rate prescribed by the relevant state department or the enterprise itself. The length of the depreciation life depends on the guidelines and policies adopted by the country or business.
Depreciation life
Right!
- Depreciation life refers to the time elapsed after the depreciation of the balance of the total value of equipment at the depreciation rate prescribed by the relevant state department or the enterprise itself. The length of the depreciation life depends on the guidelines and policies adopted by the country or business.