Accountancy, asked by akhlaksiddique, 8 months ago

defination of depreciation ​

Answers

Answered by DevaNandaA
0

Answer:

a reduction in the value of an asset over time, due in particular to wear and tear.

OR

a decrease in the value of a currency relative to other currencies.

Explanation:

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Answered by puja77
1

depreciation refers to the fall in the value of fixed assets due to normal wear and Tear, passage of time or expected obsolescence(change in technology)

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