PromptBusiness · Accounting
Depreciation, Explained Plainly
Jun 18, 2026
Why the money went out once and the expense shows up for years.
Prompt
Explain depreciation as if I've never taken an accounting class. Use a [equipment type] costing [amount] as the example, show what the books look like each year, and explain why the cash left in year one but the expense didn't.
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