Accountancy, asked by neelamchamola459, 3 months ago

Provision for depriciation is what

Answers

Answered by nandini200823
4

Answer:

  • The function of a depreciation provision is to make a company's balance sheet more accurately reflect the current value of the investments it has made in fixed assets over time. ... The depreciation provision gradually lowers this book value over time to reflect its declining real value.

Explanation:

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