What is the difference between depreciation and capital loss
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Depreciation is the decrease in the value of assets due to continuous usw, tear and wear and time..
No idea abt. Capital loss, but i think, drawing may be concerned as capital loos.
No idea abt. Capital loss, but i think, drawing may be concerned as capital loos.
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Answer:
Expected decrease in the value of assets is depreciation whereas unexpected fall in the value of assets is capital loss
Explanation:
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