Accountancy, asked by snigdha53, 1 year ago

what is depreciation ?​

Answers

Answered by raj22052003
1

a reduction in the value of an asset over time, due in particular to wear and tear.

"provision should be made for depreciation of fixed assets"

synonyms:devaluation, devaluing, decrease in value, lowering in value, reduction in value, cheapening, markdown, reduction, decline, downturn, downswing, drop, slump, plunge, tumble

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