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what is depreciation ?

Answers were Sorted based on User's Feedback



what is depreciation ?..

Answer / megha arora

Reduction in the value of fixed assests due to normal wear
& tear and obsolescence

Is This Answer Correct ?    19 Yes 0 No

what is depreciation ?..

Answer / satyanarayana raju

The wear and tare of fixed asset

Is This Answer Correct ?    7 Yes 2 No

what is depreciation ?..

Answer / anoj

It is decreasing value of fixed asset due to use of asset
or wear and tear or laspe of time.

Is This Answer Correct ?    5 Yes 0 No

what is depreciation ?..

Answer / gajendra yadav

it is deduction on the fixed assets in certain time.expet
the bulinding & land.

Is This Answer Correct ?    4 Yes 0 No

what is depreciation ?..

Answer / s.srinu

The concept of depriciation refer to the process of
allocating the intial of fixed assets to several periods

Is This Answer Correct ?    0 Yes 0 No

what is depreciation ?..

Answer / abdullah amer

Deprecitation is the decrease in the value of fixed assets
which are used in the business such deprection is to be
considered as an expense and decrease in the value of asset.

Is This Answer Correct ?    0 Yes 0 No

what is depreciation ?..

Answer / karan gandhi

Depreciation actually means the value of an asset consumed during the year. this value is transfered to p&l a/c as an expense

Is This Answer Correct ?    0 Yes 0 No

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