Accountancy, asked by yolonabab, 1 year ago

What is depreciation?? Answer in short plsss fast​

Answers

Answered by Akash7766
4

Heyaa Mate..!!

Here is your answer...→

Depreciation : Any gradual and permanent decreasing the value of an asset is depreciation.

Hope It Helps..!!

Answered by 9702
1

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

Previous Question
Next Question
Similar questions
Math, 8 months ago
The area of rhombus whose diagonals are of length 10cm and 8.2cm is..... ​
Science, 8 months ago
Match the pairs i. Scouring ii. Mulberry leaves iii. Yak iv. Cocoon Option a. yields silk fibres b. wool yielding animal c. food sikworm d. reeling e. cleaning sheared skin​...
Math, 8 months ago
2÷ ……………. a) 16 b) 12 c) 13 d) 9...
English, 1 year ago
first artificial satellite?? ​
Social Sciences, 1 year ago
which is longer the coast which overlooks arabian gulf or the coast which overlooks the gulf of oman. Give reasons...
Political Science, 1 year ago
how was economy and society of Russia during beginning of 20th century...
Social Sciences, 1 year ago
name the saltwater lake in rajasthan...
Geography, 1 year ago
Differentiate between a aphelion and perihelion Please give in points...