Accountancy, asked by SadiyaSyed, 1 year ago

what is exact meaning of depreciation??

Answers

Answered by rohi004

Depreciation is an accounting method of allocating the cost of a tangible asset over its useful life and is used to account for declines in value over time.

Answered by tamannapurohit10

Answer:It refers to fall in the value of fixed assets due to normal wear and tear, passage of time,or expected obsolescence.

Explanation:

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