Accountancy, asked by praduymhero805869678, 3 months ago

4 What are the two methods of charging Depreciation​

Answers

Answered by cuteanushka683
2

Answer:

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Depreciation accounts for decreases in the value of a company's assets over time. Accountants must adhere to generally accepted accounting principles (GAAP) for depreciation. There are four methods for depreciation: straight line, declining balance, sum-of-the-years' digits, and units of production.

Answered by Anonymous
1

Explanation:

Depreciation accounts for decreases in the value of a company's assets over time. Accountants must adhere to generally accepted accounting principles (GAAP) for depreciation. There are four methods for depreciation: straight line, declining balance, sum-of-the-years' digits, and units of production.

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