Accountancy, asked by sahilpinjari481, 3 months ago

accounting standard 6 depreciation accounting is applicable to assets

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Answered by khushiadhikari2003
1

Answer:

AS-6,Depreciation Accounting defines depreciation as a measure of the wearing out consumption or other loss of value of a depreciable asset arising from use, effluxion of time or obsolescence through technology or market changes. ... are expected to be used for more than 1 accounting period.

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