## Which Assets Cannot Be Depreciated
Before understanding **which category depreciation falls under**, let's look at the opposite first. Some types of assets cannot be depreciated at all, such as land, collectibles, investments in stocks and bonds, personal property, or any assets used for less than one year. The reason is that these assets do not lose value over time; some may even appreciate.
## What Is (Depreciation) and Which Category Does It Belong To
In accounting, **depreciation** is the reduction in the value of tangible fixed assets over a specified period. It is an important account
View OriginalBefore understanding **which category depreciation falls under**, let's look at the opposite first. Some types of assets cannot be depreciated at all, such as land, collectibles, investments in stocks and bonds, personal property, or any assets used for less than one year. The reason is that these assets do not lose value over time; some may even appreciate.
## What Is (Depreciation) and Which Category Does It Belong To
In accounting, **depreciation** is the reduction in the value of tangible fixed assets over a specified period. It is an important account