Accountancy, asked by reenadevi8796, 1 year ago

What do we mean by depriciation

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Answered by GOPINTR
0
noun

a reduction in the value of an asset over time, due in particular to wear and tear.

"provision should be made for depreciation of fixed assets"

synonyms:devaluation, devaluing,decrease in value, lowering in value, reduction in value,cheapening, markdown,reduction, decline, downturn,downswing, drop, slump,plunge, tumbl

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