I was working on a Fixed Asset module for the past few months and I have collected some information about definition of fixed asset and depreciation. Well, this is part of my job and I have learned quite a number of stuffs during the research.
After I have analysed the information that I have gathered and i have a discussion with my friends. Here is the conversation:
"What is depreciation?" my friend asked.
"Depreciation is the cost that you will charge out from the fixed asset when you are using the it or even though you are not using it." I answered her.
"Is there anything that won't depreciate when we use it?" she asked.
Then, I replied, "yes, your brain. It will appreciate when you are using it. But, it will depreciate when you are not using."
