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what is Depreciation

Answers were Sorted based on User's Feedback



what is Depreciation..

Answer / raj kumar pal

depreciation means decrease in the value of assets ,

Is This Answer Correct ?    6 Yes 0 No

what is Depreciation..

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

what is Depreciation..

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

what is Depreciation..

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

what is Depreciation..

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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