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WHAT IS THE MEANING OF DEPRECIATION ?

Answers were Sorted based on User's Feedback



WHAT IS THE MEANING OF DEPRECIATION ?..

Answer / shashikumar.m.

Depreciation is one of the indirect expences of fixed
assets for useing that period day.

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WHAT IS THE MEANING OF DEPRECIATION ?..

Answer / ebenezer ocansey

The process of allocating the cost of a long tangible asset
over its useful life

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WHAT IS THE MEANING OF DEPRECIATION ?..

Answer / sana raiyan khan

DEPRECOATION IS THE REDUCTION IN THE VALUE OF FIXED ASSETS DUE TO ITS CONTINOUS USE,GRADUAL PASSAGE OF TIME AND WEAR AND TEAR OF MACHINES.

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WHAT IS THE MEANING OF DEPRECIATION ?..

Answer / deepak r.waghulkar

Depreciation means reduction in the cost of tangible asset
due to the expenses incurred by the company which is
allocated over a perticular time or years i.e.if a company
brought a machinary worth Rs. 1 Lac such machine's cost
after 10 years will be different so to adjust the current
cost of the machinery after 10 year,every year the co.
would have to dedect the certain amount from the cost of
the machinery such dedcted amount is called depreciation
every country have a different % of Depreciation rate

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WHAT IS THE MEANING OF DEPRECIATION ?..

Answer / prashanthi

decreasing the value of an asset

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WHAT IS THE MEANING OF DEPRECIATION ?..

Answer / bhngyaraja

Depreciation is the value of the fixed asset in the
particular period

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WHAT IS THE MEANING OF DEPRECIATION ?..

Answer / sanjib mahapatra

Depreciation is the diminution in the value of assets due to
use, wear and tear and efflux of time

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WHAT IS THE MEANING OF DEPRECIATION ?..

Answer / joecy

It is the wear and tear of an asset.

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WHAT IS THE MEANING OF DEPRECIATION ?..

Answer / mohammed farooque

Reduction in the value of assets due wear and tear of an
for the given period.

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WHAT IS THE MEANING OF DEPRECIATION ?..

Answer / rshreerangaiah n

Depreciation is the value of shirking fixed
assets.....?????????>>>.

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