Answer Posted / k s reddy

depreciation is a gradual decresing value of an
asset,there are two major methods to calculate
depreciation 1)fixed installment method 2)diminishing
balnce method.
FIM:asset value*depreciation % or
FIM:asset value+installation expenses+repairs-scrap/life
period of an asset.
DBM:balnce b?d value of an asset*depreciation %

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