Question

explain depreciation and their formation​

Answer 1

Answer:

depreciation is an accounting process by which a company allocates an assets cost

throughout it's useful life.

Explanation:

please mark the brainly list

Answer 2

Answer:

The term depreciation refers to an accounting method used to allocate the cost of a tangible or physical asset over its useful life or life expectancy. Depreciation represents how much of an asset's value has been used.