Accountancy, asked by Priyanshi1512, 1 year ago

What Is Depreciation? What Are The Causes Of Depreciation? Is It A Cost? Why?

Answers

Answered by Saijuverma
1

Answer: Depreciation is a value which is on fixed assets of the business.

Explanation:1. Continuos use of asset.

2. When an asset is used in the business for a long period of time.

Acc. To me ,it is a cost becoz when an asset is used for a long period of time ,it has to be renewed or the asset will be exchanged with new.

If this ans helped u pl. Mark it as brainliest.

Thanku

Similar questions