Accountancy, asked by Nitinshrama9632, 9 months ago

Story on depreciation assets v/s ravages of time

Answers

Answered by nidaeamann
0

Explanation:

An assets is any material that can be used to get some productive outcome. Everybody has some assets, things that are valuable to him. However each asset gets depreciated over a period of time and its value decreases.

With time, asset keep on changing and developing. In the current digital age, one such example of an asset is a mobile phone. This has infact become the necessity in our lives. We are somewhat dependant on this to carry our communications. However, it has also led to some ravages.

With the regular use of mobiles, people have forgotten to spend time with each other, talk to one another in person. Now friendship are being made on social media rather than visiting each other, so it has some ravages but we need to balance things so that the asset is used in a productive manner without causing ravages

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