Question

What is depreciation?​

Answer 1

Answer:

Definition of 'Depreciation' Definition: The monetary value of an asset decreases over time due to use, wear and tear or obsolescence. This decrease is measured as depreciation.

Answer 2

Holå mate❤

ANSWER✍

✨✨Depreciation is a method of reallocating the cost of a tangible asset over its useful life span of it being in motion. Businesses depreciate long-term assets for both accounting and tax purposes..✨✨

✌Hope it's help you✌