Depreciation
Answers were Sorted based on User's Feedback
Answer / n venkatesh gupta
It is the decreasing value of an asset
Is This Answer Correct ? | 13 Yes | 0 No |
Answer / abhi
Depreciation means normal wear tear in the Fixed Assets
during the financial year.
Is This Answer Correct ? | 10 Yes | 1 No |
Answer / sravanthi
Depreciation means decrease in the value of fixed assets
over a period of time due to wear and tear,inadequacy of
asset,depletion,natural calamities etc.
depreciation is a charge against profits.
Is This Answer Correct ? | 4 Yes | 0 No |
Answer / eswar
Decreasing the value of Fixed Assets in the books is called
depreciation and it is continues and permanent process
decreasing value of fixed assets due to efflux of time ,
expiration of legal rights and expand equipment in the
organization.
Is This Answer Correct ? | 3 Yes | 0 No |
Answer / s.srinu
The concept of depriciation refer to the process of
allocating the initial of fixed assets to several years
is called as depriciation
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / jyoti agrawal
depreciation is the loss in the value of asset due to tear.
wear with the passage of time
Is This Answer Correct ? | 1 Yes | 0 No |
The gradual deduction in the value of fixed asset due to
wear and tear is called depreciation.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / aditya bhushan
Due to use of any assets its value decrease,this decrease value is called depreciation
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / rahul kumar
deprecation means a continuous decrease in the value of an
asset due to wear and tear
entry
depreciation a/c.............dr
to fixed asset a/c
Is This Answer Correct ? | 0 Yes | 0 No |
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