Since the purpose of depreciation is to match the total cost of the asset with the benefits to be derived from the asset, the costs of repairs and maintenance associated with the asset should be considered when choosing a depreciation method.

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Depreciation is a method of allocating the cost of an asset over its useful life. The purpose of depreciation is to match the total cost of the asset with the benefits to be derived from the asset. The costs of repairs and maintenance associated with the asset are not considered when choosing a depreciation method because these costs are not part of the cost of the asset.

Since the Purpose of Depreciation Is to Match the Total