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What is depreciation?
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Answer / tindu suthan
Depreciation is a non cash expense incurred by a company
which arises due to wear and tear of the fixed asset as a
result of constant usage.
2 methods of depreciation are:
1) Straight Line Method
2) Written Down Value Method
| Is This Answer Correct ? | 8 Yes | 2 No |
Answer / rajesh
any decrease in the value of asset is called depreciation
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / suditi
Decrease in the value of an asset due to wear & tear.
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / d nurulla
every asset has day by day it value degrees then the
investor try to for tax purpose redusing this asset value
show to expenduture then he will be reduse the tax in
simple tern depriciation means redusing the asset value
| Is This Answer Correct ? | 4 Yes | 2 No |
Answer / ramesh.pm
depriciation denots gradually and perminently decreage in
the value of an asset, wear and tear, technology
changes,laps of time and accdent,
| Is This Answer Correct ? | 2 Yes | 0 No |
it means Decrease in the value of asset(Tangible) due to wear and tear,obsolescene,passage of time
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / shivesh
depreation means decrease in value of fixed assets.
| Is This Answer Correct ? | 2 Yes | 2 No |
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