Accountancy, asked by velanginipraneeth, 8 months ago

why do we usedeprication for machinery​

Answers

Answered by MoonxDust
23

Answer:

<font color=magenta>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....

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Answered by Anonymous
2

Answer:

hi

Explanation:

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