General Theory of Plant Account Subject to Constant Mortality Law of Retirements
恒定退役规律下设备资产账目的一般理论
WITHOUT GETTING INTO a detailed discussion of the ramifications of the concept of depreciation, it should be recalled that depreciation is based to a great extent upon the degree of loss of the service capacity of physical property. Where a plant account consists of property of the same type, such as electric meters, transformers, underground cable, etc., certain types of mortality laws are found to apply to the retirements from the account and when this is true it is…