whats is depreciation? formula for calculating deprecation
?
Answer Posted / ullas patil kulkarni
Depreciation is the reduction in the value of asset year by
year due to wear & tear, absolecense etc
FORMULA
Depreciation = Total Value of the Asset - Scrap Value
_______________________________________
Life Time of the Asset(in years)
Is This Answer Correct ? | 62 Yes | 3 No |
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