Economy, asked by anshikay871, 3 months ago

depreciation meaning

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Answered by Anonymous

Answer:

Definition: The monetary value of an asset decreases over time due to use, wear and tear or obsolescence. Machinery, equipment, currency are some examples of assets that are likely to depreciate over a specific period of time. ...

Answered by Anonymous

Answer:

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The monetary values of all tangible assets tend to reduce gradually over time due to factors like wear and tear.

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depreciation meaning​

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depreciation meaning