CBSE BOARD XII, asked by bharat000, 1 month ago

why a capital asset depreciates​

Answers

Answered by Anonymous
0

Answer:

Assets such as machinery and equipment are expensive. Instead of realizing the entire cost of the asset in year one, depreciating the asset allows companies to spread out that cost and generate revenue from it. Depreciation is used to account for declines in the carrying value over time.

Answered by pagarwal461671
1

Answer:

Assets such as machinery and equipment are expensive. Instead of realizing the entire cost of the asset in year one, depreciating the asset allows companies to spread out that cost and generate revenue from it. Depreciation is used to account for declines in the carrying value over time.

Explanation:

Hope this helps .. Please mark me as the brainliest.

Similar questions