give the reasons for proving depriciation
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Explanation:
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.
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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. ... A fixed asset may actually be a right to use something (such as software or a database) for a certain period of time.
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