Is the depreciation expense of the enterprise earmarked?
In the era of planned economy in China, the depreciation expenses of enterprises are indeed required to be earmarked. Can only be used for enterprises to tap the potential, innovation and transformation of special funds. Therefore, there was a "special fund" subject in the accounting system at that time. Now that China has transformed into a market economy, accounting standards are converging with international accounting, so it is unnecessary to specify depreciation expense.