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swatigoyal: 1 year ago | Last edited at 2:11AM on 2/29/2012

Meaning of depreciation and different types of depreciation.

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FarmerGirlMaryJo: 1 year ago

Depreciation is the amount of value something loses over time or as it is used. When figuring our farm taxes, I use a 7-year depreciation schedule, but this varies with the type of business.

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