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depreciation is loss or expense
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Answer / shailesh
Depreciation is an expense as the same has been incurred
beacuse of use, wear & tear or effluxion of time. Its an
expense solely because of the need in the business.
| Is This Answer Correct ? | 11 Yes | 0 No |
Answer / ravinder.sunkara
ddepreciation is loss in value as because of age, wear and tear or market conditions
| Is This Answer Correct ? | 21 Yes | 15 No |
Answer / pavan
to lower in estimation or esteem is depreciation.
| Is This Answer Correct ? | 4 Yes | 3 No |
Answer / venkatakrishnan.p
depreciation is an expenditure is calculated based on the
value of the assets,this expenditure will effect in the p&l
a/c and balance sheet and not in income and expenditure as
it an expenditure without money transaction...
| Is This Answer Correct ? | 1 Yes | 1 No |
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