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German to English translations [PRO] Bus/Financial - Accounting / Year-end financial statement
German term or phrase:abgeschrieben
Neu zugegangene bewegliche Anlagegüter wurden grundsätzlich linear abgeschrieben.
I am trying to determine if this is in the sense of "writing down" or "write-off" or something entirely different,
e.g. from Abschreibung --- 1. Depreciation of tangible assets or 2. amortization of intangible assets.