Accountancy, asked by tcrz9651, 4 months ago

What do you understand by depreciation?​

Answers

Answered by Anonymous
40

Explanation:

The monetary value of an asset decreases over time due to use, wear and tear or obsolescence. This decrease is measured as depreciation. ... Opposite of depreciation is appreciation which is increase in the value of an asset over a period of time.

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Answered by kukujiya
0

Answer:

The monetary value of an asset decreases over time due to use, wear and tear or obsolescence. This decrease is measured as depreciation. ... Opposite of depreciation is appreciation which is increase in the value of an asset over a period of time.

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