Accountancy, asked by chevynationpart7217, 10 months ago

Write a story about depreciation on assets v/s ravages

Answers

Answered by YadavNityanand
0

Answer:

depreciation is like the one type of loss of business indirectly and per year he done with firm.and depreciation decrease value of assets and increase loss of the organisation. assets are the nothing but our money/savings what we saying depending up ourself. how to use that things.

Answered by Cricetus
0

Depreciation on assets v/s ravages

Explanation:

Depreciation on assets: Depreciation is continuous reduction in value of an asset due to regular use, wear and tear or due to asset becoming outdated. it is a slow and gradual process through which we can determine the current value of an asset after it's usage

Ravage: ravage on the other hand is a severe damage to something. it is a major destruction to the asset which may be caused due to some major failure of the asset. it is different from depreciation as depreciation is gradual process and ravage is generally a sudden process.

Learn more:

Depreciation meaning

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