Why is depreciation a debit?

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Related questions

  1. Why Nopat does not include interest?
  2. What does EBIT tell?
  3. Is EBIT same as operating income?
  4. Is Depreciation a cash inflow or outflow?
  5. Why is depreciation a cash inflow?
  6. Is operating income before or after depreciation?
  7. What is the purpose of Ebitda?
  8. What is EV EBIT?
  9. Why is depreciation charged?
  10. Why do we calculate EBIT?

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  2. #charged
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  4. #because
  5. #debit
  6. #balance
  7. #contra
  8. #amount
  9. #offset
  10. #entry
  11. #asset
  12. #against
  13. #fixed
  14. #since
  15. #credit
  16. #depreciation
  17. #which
  18. #expense
  19. #account