depreciation is a process of allocation and not of valuation comment
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it's as atmosphere of the allocation not
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Depreciation is the process of allocation and not valuation since it deals with the distribution of the tangible costs among the people and it does not deal with the process of valuation.
Explanation:
- Depreciation is the system that deals with the accounting process where an organization is highly dealing with the process of accounts rather than valuating the accounting process while distributing the money among the employees of an organization.
- The depreciation process allows the users to involve in the accounting process and its distribution and not on the validation of accounting.
To know more:
1) What is depreciation ?
https://brainly.in/question/2197804.
2) Feature of depreciation plzzzz nswer
https://brainly.in/question/7182254
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