Accountancy, asked by noureensana, 3 months ago

explain depreciation

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Answered by bsharavan693

Answer:

In accountancy, depreciation refers to two aspects of the same concept: first, the actual decrease of fair value of an asset, such as the decrease in value of factory equipment each year as it is used

Answered by thikshnachowdary2310

Answer:

Explanaa reduction in the value of an asset over time, due in particular to wear and teartion:

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explain depreciation​

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explain depreciation