Discuss why companies depreciate long-lived assets


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In 8 to 10 sentences, Discuss why companies depreciate long-lived assets. Companies usually depreciate assets like buildings even though those assets may be increasing in value. Why do you think they do that? How does an accountant decide whether an expenditure should be capitalized or expensed?

The response should include a reference list. Using one-inch margins, Times New Roman 12 pnt font, double-space and APA style of writing and citations.

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Accounting Basics: Discuss why companies depreciate long-lived assets
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