the
org buys a
truck for -f 500. After a year, that
truck could not be resold for -f 500 because it has been used and is now
second-
hand. Say that the
org could now resell the
truck for f300-this shows that the
value of the
truck has gone down by k 200 because of the passage of
time. The amount by which the
value of the
truck has gone down is an expenditure because that amount of
value has been used up during the year
(HCO PL 10 Oct 70 I)