Question

explain the causes of depreciation??​

Answer 1

Answer:

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The causes of depreciation are:

Wear and tear. Any asset will gradually break down over a certain usage period, as parts wear out and need to be replaced. ...

Perishability. Some assets have an extremely short life span. ...

Usage rights. ...

Natural resource usage. ...

Inefficiency/obsolescence.

Answer 2

Explanation:

Depreciation can be easily defined as a reduction in the carrying amount of a fixed asset. Depreciation is equated with a value of consumption of the asset for a specific period. Over the span of an asset, over which it is considered usable, depreciation brings down the value of the asset to a salvage value.