Accountancy, asked by Anonymous, 1 day ago

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cherecteristics of depritiation??
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Answers

Answered by Anonymous
5

Explanation:

Depreciation has the following characteristics or attributes: (1) Depreciation is only charged on non-current assets. (2) Depreciation occurs from the date of purchase of an asset, till the last day of its estimated useful life. (3) The amount of annual depreciation cannot be exact as it has to be estimated.

Answered by manasi3151
3

Explanation:

Depreciation has the following characteristics or attributes: (1) Depreciation is only charged on non-current assets. (2) Depreciation occurs from the date of purchase of an asset, till the last day of its estimated useful life. (3) The amount of annual depreciation cannot be exact as it has to be estimated.

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