Depreciation in what kind of expense of business?
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Explanation:
operating expense
Since the asset is part of normal business operations, depreciation is considered an operating expense. Depreciation is one of the few expenses for which there is no outgoing cash flow.
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Answer:
Since the asset is part of normal business operations, depreciation is considered an operating expense. Depreciation is one of the few expenses for which there is no outgoing cash flow.
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