Depreciation is applicable for what?
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depreciation is a type of charge who is create after sometime or Some years like as purchase of asset at rupees 2000 and after sometime or some years . value of assits will be rupees 1000
then we can say that there is a depreciation of 1000 who is applied in assets
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Answer:
FIXED ASSET
Explanation;
SUCH AS
- BUILDING
- MACHINERY
- PLANT
- FURNITURE
- VEHICLE
- EQUIPMENT
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