Accountancy, asked by kanayamathur, 1 year ago

what is wasting assets and give five examples ???

Answers

Answered by neha7755
6
\huge{\pink{Answer}}

During the period of depreciation, the asset is called a "wasting asset." For example, natural resources, such as gas and timber, are wasting assets that eventually are used and then have no remaining value.
Answered by akanshgarg
4

During the period of depreciation, the asset is called a "wasting asset." For example, natural resources, such as gas and timber, are wasting assets that eventually are used and then have no remaining value.

Similar questions