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What is depreciation?

Answers were Sorted based on User's Feedback



What is depreciation?..

Answer / nahid

Reducing in value of assets and plant & machinery, called
depreciation.

Is This Answer Correct ?    0 Yes 0 No

What is depreciation?..

Answer / manju gowda

depreciation in real seance refers to provision created out
of profit with an object of reducing tax burden and with an
object of replacing new asset when old asset gets exhausted.

Is This Answer Correct ?    1 Yes 3 No

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