Fixed assets can support the service's operational activities, which have a useful life of
more than 12 (twelve) months. lfthe asset is continuously used, the asset will experience
a decrease in the asset value, which is called depreciation. Depreciation occurs
when the fixed assets have been used, which later this depreciation will become an
expense at the end oftheperiod. The method used at the Tegal City One-Stop Investment
and Integrated Services Agency to depreciate its fixed assets is the straight-line method
because it is considered simpler, more straightforward, and easier to understand The
Office of Investment and One-Stop Integrated Services of Tegal City measures the fvced
assets owned based on the acquisition value, which will later be presented on
the balance sheet as depreciation expense on the debit side and accumulated
depreciation on the credit side. Depreciation offvced assets is carried out at the end of
the year. It's carried out by following per under the Statement of Financial Accounting Standard No.16 concerning Fixed Assets and Government Accounting
Standards Statement No. 7 concerning Fixed Assets and Tegal Mayor Regulation Number
41 of 2020 concerning the Fifth Amendment to the Tegal Mayor Regulation No. 8 of
2014 concerning the Accounting Policy of the Tegal City Government