Economy, asked by rajput1543, 7 months ago

what is depreciation?​

Answers

Answered by krishna275930
1

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Answered by riya5395
1

Answer:

The monetary value of an asset decreases over time due to use, wear and tear or obsolescence. This decrease is measured as depreciation. Accounting estimates the decrease in value using the information regarding the useful life of the asset. ...

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