depreciation provision
1.The book value of the fixed assets is the amount after deducting the accumulative depreciation and accumulative impairment provision from the cost of the fixed assets.
2.The book balance under this System refers to the actual amount of account without deductions of provision made for the account (e.g., accumulated depreciation, provisions for impairment of assets).
3.Lot is accounting principle; love is intangible asset; lover is accounts payable; missing him is book of account; quarrel is provision for bad debts; unrequited love is bad debt; falling in love with a wrong person is a big accounting misplay; break-up is closing entry; loneliness is accumulated depreciation.
