How does depreciation affect ending balance sheet items?

Expert Solution

Depreciation is a decrease in value of tangible fixed asset due to time or usage .Depreciation expense for a period decrease the value of tangible fixed asset over the period of their useful lives.

So depreciation decreases the value of asset to be reported on balance sheet.

ekkarill92 answered 2 years ago

how does depreciation affect inventory in a business ?

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How does depreciation affect ending balance sheet items?

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