Biology, asked by AyanShil3739, 1 year ago

What happens to depreciating assets

Answers

Answered by infinityleague80
0

With every passing year, If the original price of any item you own or possess decreases with every passing year, such item can be called as a, Depreciating asset.

Examples : Car, Electronic goods, machines, furniture items, apartments.

Nothing happens to them as such. You don't get rid of them quickly you won't be making any loss out of them (profit making is very rare). If you delay too much, you might have to keep it to yourself all your life or give it away for free.

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