Rectangular Freezer Container’s lid
$0.00
- Definition: Reduction in value over time.
- Factors: Wear and tear, frequent usage, obsolescence.
- Purpose: Ensures accurate financial valuation.
- Methods: Straight-line, declining balance, units of production.
- Impact: Affects financial reporting and taxable income.
- Quantity: Applies to 50 lids per carton.
- product code : REBLID
- Qty : 50/Sleeves, 500/Carton
Description
Product depreciation for Rectangular Freezer Container’s Lid (Qty-500/Carton) involves understanding how these items lose value over time due to various factors. Depreciation helps in accurately reflecting the true value of the lids in financial records.
