What is Depreciation
Depreciation is the drop in value of an asset due to wear and tear, age and obsolescence (going out of date) as recorded in an organization's financial records.
Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction: What is Depreciation
### Input: 
### Response: Depreciation is the drop in value of an asset due to wear and tear, age and obsolescence (going out of date) as recorded in an organization's financial records.