72: Depreciation
Depreciation is the gradual allocation of the cost of long-term tangible assets - like machines, equipment, or buildings - into the cost of goods or services they help produce. It reflects the wear and tear or obsolescence of these assets over time and helps match expenses with revenue in accounting.
Long-term expensing of intangible assets - like that Loan repayment on the chart, or patent and copyright costs - is instead called Amortization
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