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And he still doesn't get it.... I am not a book keeper, nor do i claim to be an accountant or an expert, but jesus christ man all you want to do it's argue in Every thread you post. Go start a 328 vs 335 thread and argue till you are blue in the face; or get married.
Just going to leave this here again. You are hung up on #2 as the only definition. Also way to take a thread way off topic.
de·pre·ci·a·tion
dəˌprēSHēˈāSH(ə)n/
noun
1. a reduction in the value of an asset with the passage of time, due in particular to wear and tear.
synonyms: devaluation, devaluing, decrease in value, lowering in value, reduction in value, cheapening, markdown, reduction; More
2. Accounting - An allowance made for a loss in value of property.
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