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What is a tangible item called when it exceed its shelf life? Is it considered as a revenue source? If so, that particular item require maintenance?

To be more clear, vehicles depreciation period is5 years but after that the vehicle is still active, so after5 years it's reducing transportation cost. My question is what do we consider that vehicle from an accounting point of view?

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Question added by wissam moussa , restaurant floor supervisor , La creperie
Date Posted: 2014/04/02

Tangible items means...items which can be seen....and it needs maintainence. while accounting  it attracts depreciation for the periods of usage..

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