what is deppreciation.....???? please mates no spams
Answers
Depreciation is an accounting method of allocating the cost of a tangible or physical asset over its useful life or life expectancy. ... Depreciating assets helps companies earn revenue from an asset while expensing a portion of its cost each year the asset is in use.
How can I calculate depreciation?
Straight-Line Method
Subtract the asset's salvage value from its cost to determine the amount that can be depreciated.
Divide this amount by the number of years in the asset's useful lifespan.
Divide by 12 to tell you the monthly depreciation for the asset.
Answer:
Here is your answer mate-》
In accountancy, depreciation refers to two aspects of the same concept: first, the actual decrease of fair value of an asset, such as the decrease in value of factory equipment each year as it is used ...
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