WHAT IS DEPRICIATION?
Answers were Sorted based on User's Feedback
Answer / guest
"Depriciation denotes gradually and permanent decreases in
the value of asset due to wear and tear, technology
dhanges, laps of time and accident"
Is This Answer Correct ? | 20 Yes | 1 No |
Depreciation Means decrease in the value of Asserts
For example, cars tend to depreciate over the course of
several years of ownership. Factors like wear and tear, the
conditions of the market, and age can all have an impact on
depreciation. Some assets grow more valuable or appreciate
over time, such as real estate.
Is This Answer Correct ? | 9 Yes | 3 No |
Answer / sheetal kumar garg
DEPRICIATION MEANS DECREASE OF VALUE OF ASSET.
Is This Answer Correct ? | 4 Yes | 0 No |
Answer / m.fahim khan
this is the decrease in the value of assests due to useage.
Is This Answer Correct ? | 1 Yes | 1 No |
Answer / samreen
Depreciation is a measure of the wearing out, cosumption or
other loss of value of a depreciable asset arising from
use, effluxion of time or absolescence through technology
and market changes.
Is This Answer Correct ? | 0 Yes | 1 No |
Answer / dilip vishwakarma
Deprecation is the gradual and permanent and decrease in to the value of Assets from any cause.
Is This Answer Correct ? | 0 Yes | 1 No |
Answer / vineegautam.gautam
depriciation is the value which is deduct the cost of goods
at the end of every year
Is This Answer Correct ? | 0 Yes | 2 No |
Answer / kamlesh pandey
DEPRICIATION IS A VALUE WHICH IS DEDUCTED OF FACE VALUE OF
ANY ASSETS
Is This Answer Correct ? | 0 Yes | 3 No |
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