Accountancy, asked by tcrz9651, 3 months ago

What do you understand by depreciation?

Answers

Answered by Anonymous

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

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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What do you understand by depreciation?​

Answers

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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What do you understand by depreciation?