Art, asked by nibeditasaiki9637, 1 year ago

What is depreciation and appreciation in company balance sheet?

Answers

Answered by sanskritisingh1702
0

HEYA MATE

Depreciation is a complicated term, but it's important for businesses. Depreciation is a method for spreading out the cost of a business asset  (machinery, equipment or vehicles, for example) over the time the asset is being used. The cost for each year you own the asset becomes a business expense for that year.

APPERECIATION

Appreciation is an increase in the value of an asset over time. The increase can occur for a number of reasons, including increased demand or weakening supply, or as a result of changes in inflation or interest rates. This is the opposite of depreciation, which is a decrease over time

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