{"id":108,"date":"2024-01-09T08:23:52","date_gmt":"2024-01-09T08:23:52","guid":{"rendered":"https:\/\/openbook.ums.edu.my\/financialmathematicsineconomics\/part\/chapter-6-deprecation\/"},"modified":"2024-09-13T15:28:07","modified_gmt":"2024-09-13T15:28:07","slug":"chapter-6-deprecation","status":"publish","type":"part","link":"https:\/\/openbook.ums.edu.my\/financialmathematicsineconomics\/part\/chapter-6-deprecation\/","title":{"raw":"Chapter 6: Depreciation","rendered":"Chapter 6: Depreciation"},"content":{"raw":"<div class=\"textbox textbox--learning-objectives\"><header class=\"textbox__header\">\n<p class=\"textbox__title\">Learning Outcomes<\/p>\n\n<\/header>\n<div class=\"textbox__content\">\n<p style=\"text-align: justify\">At the end of this chapter, you should able to:<\/p>\n\n<ul>\n \t<li style=\"text-align: justify\">Define depreciation.<\/li>\n \t<li style=\"text-align: justify\">Understand the various methods of calculating depreciation.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p style=\"text-align: justify\">Assets purchased at a particular time may provide services over a finite future period, a notable exception for land. The account will allocate the cost of the asset to the accounting periods in which it generates revenues \u2013 a periodic expense item called depreciation. Among reasons for depreciation include time factor, decay, worn out, etc.<\/p>","rendered":"<div class=\"textbox textbox--learning-objectives\">\n<header class=\"textbox__header\">\n<p class=\"textbox__title\">Learning Outcomes<\/p>\n<\/header>\n<div class=\"textbox__content\">\n<p style=\"text-align: justify\">At the end of this chapter, you should able to:<\/p>\n<ul>\n<li style=\"text-align: justify\">Define depreciation.<\/li>\n<li style=\"text-align: justify\">Understand the various methods of calculating depreciation.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p style=\"text-align: justify\">Assets purchased at a particular time may provide services over a finite future period, a notable exception for land. The account will allocate the cost of the asset to the accounting periods in which it generates revenues \u2013 a periodic expense item called depreciation. Among reasons for depreciation include time factor, decay, worn out, etc.<\/p>\n","protected":false},"parent":0,"menu_order":6,"template":"","meta":{"pb_part_invisible":false,"pb_part_invisible_string":""},"contributor":[],"license":[],"class_list":["post-108","part","type-part","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/openbook.ums.edu.my\/financialmathematicsineconomics\/wp-json\/pressbooks\/v2\/parts\/108","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/openbook.ums.edu.my\/financialmathematicsineconomics\/wp-json\/pressbooks\/v2\/parts"}],"about":[{"href":"https:\/\/openbook.ums.edu.my\/financialmathematicsineconomics\/wp-json\/wp\/v2\/types\/part"}],"version-history":[{"count":1,"href":"https:\/\/openbook.ums.edu.my\/financialmathematicsineconomics\/wp-json\/pressbooks\/v2\/parts\/108\/revisions"}],"predecessor-version":[{"id":109,"href":"https:\/\/openbook.ums.edu.my\/financialmathematicsineconomics\/wp-json\/pressbooks\/v2\/parts\/108\/revisions\/109"}],"wp:attachment":[{"href":"https:\/\/openbook.ums.edu.my\/financialmathematicsineconomics\/wp-json\/wp\/v2\/media?parent=108"}],"wp:term":[{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/openbook.ums.edu.my\/financialmathematicsineconomics\/wp-json\/wp\/v2\/contributor?post=108"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/openbook.ums.edu.my\/financialmathematicsineconomics\/wp-json\/wp\/v2\/license?post=108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}