Khan Academy Static

How do you account for things that get "used up" or a cost that should be spread over time. This tutorial has your answer. Depreciation and amortization might sound fancy, but you'll hopefully find them to be quite understandable.

12591_Amortization_and_depreciation.html

12588_Expensing_a_truck_leads_to_inconsistent_performance.html

12589_Depreciating_the_truck.html

12590_Depreciation_in_cash_flow.html