英语翻译Depreciation does not provide cash to replace fixed asse

英语翻译
Depreciation does not provide cash to replace fixed assets as they wear out.This misunderstanding may occur because depreciation,unlike most expenses,does not require an outlay of cash when it is recorded.
Under a lease contract,the lessee pays rent on a periodic basis for the lease term.租赁期限 The lessee accounts for a lease contract in one of two ways depending on how the lease contract is classified.A lease contract can be classified as either a: