Accountancy, asked by vishalput88875, 11 months ago

depreciation arises due to

Answers

Answered by Raunak1432

Explanation:

Depreciation arise due to wear and tear of the asset because of its usage. Depreciation is an indirect cost and debited to profit & loss account and credited to the respective amount. Following entry will be passed: Depreciation A/c Dr

Answered by mushtaqali199162

Answer:

Depreciation is charged on a certain percentage on each of the asset every year. Depreciation arise due to wear and tear of the asset because of its usage.

Depreciation is an indirect cost and debited to profit & loss account and credited to the respective amount. Following entry will be passed

please mark as brainliast

Previous Question

Next Question

Similar questions

Math, 5 months ago

A die is rolled then write sample apace 's' and number of sample piont n (s).

Computer Science, 5 months ago

The principal of the School has asked Sankey to create a tool which will analyze students score and identify subjects that students find difficult to crack. Below are scores of students for given subjects. Write a program that will take the below data and identify the subject that students find difficult to crack.

Math, 5 months ago

Rita and Yuvaan decorated their christmas tree with 7 spherical balls each of radius 5 cm. Find the total surface area of all the balls used.

English, 11 months ago