what is Depreciation
Answers were Sorted based on User's Feedback
Answer / raj kumar pal
depreciation means decrease in the value of assets ,
| Is This Answer Correct ? | 6 Yes | 0 No |
Answer / nikhilesh yadav
Depreciation means gradual decrease in the of an asset for
its use in the business.
the factors are the passages of time, wear and tear and
obsolescent
| Is This Answer Correct ? | 6 Yes | 1 No |
Answer / nikhilesh yadav
depreciation means gradual decrease in the value of an asset
for its use in the business or not.
the factors are the passages of time, wear and tear, and
obsolescent
| Is This Answer Correct ? | 4 Yes | 2 No |
Answer / anil t
The gradual sinkage in the book value of an asset mainly
fixes asset, this is due to wear and tear.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / siddu naidu
The gradual decrease or reduction in the value of an asset
due to use or laps of time.
mostly the depreciation is calculated on fixed assets to
know the original value an asset.
| Is This Answer Correct ? | 0 Yes | 0 No |
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