Accountancy, asked by labhkumar2020, 10 months ago

what is depreciation????​

Answers

Answered by Dorothykujur
2

Answer:

Accounting: The gradual conversion of the cost of a tangible capital asset or fixed asset into an operational expense (called depreciation expense) over the asset's estimated useful life. ... When applied to intangible assets, the preferred term is amortization

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