Question

what is depreciation? what are different method??​

Answer 1

Answer:

Depreciation accounts for decreases in the value of a company's assets over time. ... There are four methods for depreciation allowable under GAAP, including straight line, declining balance, sum-of-the-years' digits, and units of production.

Explanation:

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Answer 2

Answer:

In accountancy, depreciation refers to two aspects of the same concept: first, the actual decrease of fair value of an asset, such as the decrease in value of factory equipment each year as it is used

There are four methods for depreciation allowable under GAAP, including straight line, declining balance, sum-of-the-years' digits, and units of production.