Question

TRUE OR FALSE:

If any article is sold after using it for some time its value reduces as compared to its cost price. This reduction in price is called 'depreciation'. *
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Answer 1

Answer:

The monetary value of an asset decreases over time due to use, wear and tear or obsolescence. This decrease is measured as depreciation. Description: Depreciation, i.e. a decrease in an asset's value, may be caused by a number of other factors as well such as unfavorable market conditions, etc.

Answer 2

Answer:

THE ANS OF THIS IS DEPRECIATION VERY SIMPLE PLZ TRY IF YOU CAN MARK ME AS BRANIALIST

Step-by-step explanation: