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When an accountant allocates the cost of a piece of equipment over a period of time, this is called?

When an accountant allocates the cost of a piece of equipment over a period of time, this is called?
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When an accountant allocates the cost of a piece of equipment over a period of time, this is called?

User Tyrice
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1 Answer

4 votes
I believe it should be Depreciation
User Tjjjohnson
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7.8k points
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