Accountancy, asked by Anonymous, 2 months ago

Explain the concept of Depreciation??.....

Answers

Answered by umeshnirmal04

Answer:

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.

Answered by sumitkaushik291

Explanation:

Depreciation is an accounting method of allocating the cost of a tangible or physical asset over its useful life or life expectancy.

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