Depreciation refers to the allocation of cost due to deterioration of tangible assets.
(A) True
(B) False
(C) Both of these
(D) None of these
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true is the answer of this question
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Depreciation is an accounting method of allocating the cost of a tangible or physical asset over its useful life or life expectancy. ... Depreciating assets helps companies earn revenue from an asset while expensing a portion of its cost each year the asset is in use.
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