Accountancy, asked by sanjeev18112000, 11 months ago

why deprication is charged​

Answers

Answered by bksethi80
2

Answer:

The purpose of deprication is to charge to expense a portion of an assent that relates the revenue generated by that assent. This is called matching principle, where revenues and expenses both appear in income statement in the same reporting period , which gives the best view of how well a company has performed in a given reporting period.

Hope this will help you a lot......

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