what are the causes of depreciation
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Answered by
2
Causes of depreciation are as follows:-
- Use of Asset
- Efflux of time
- Obsolescence
- Accidents
Answered by
5
Causes of depreciation;
1. Wear & tear of assets.
2. Every machinery or tool is bound to undergo wear over a period of time.
3. Perishablity of inventory.
4. Usage right expiration.
5. Need to comply with accounted standards.
6. Natural resource usage.
HOPE IT HELPS YOU❤
1. Wear & tear of assets.
2. Every machinery or tool is bound to undergo wear over a period of time.
3. Perishablity of inventory.
4. Usage right expiration.
5. Need to comply with accounted standards.
6. Natural resource usage.
HOPE IT HELPS YOU❤
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