Depreciation is the accounting process of

Depreciation is the accounting process of

Depreciation is the accounting process of:

A. Valuing non-current assets at market price

B. Allocating the cost of non-current assets over their useful lives

C. Recording cash paid for assets

D. Increasing asset value over time

Answer: B

Explanation: Depreciation spreads the cost of tangible non-current assets over their estimated useful lives, matching expenses with the revenue they generate.