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what is depreciation?

Answers were Sorted based on User's Feedback



what is depreciation?..

Answer / umer sethi

deficiency in the value of asset (aged assets)with passage
of time.

Is This Answer Correct ?    0 Yes 0 No

what is depreciation?..

Answer / naga lakshmi

Depreciation is the allocation of the depreciable amount of an asset over its estimated useful life

Is This Answer Correct ?    0 Yes 0 No

what is depreciation?..

Answer / minakshi

Depreciation is the yearly deducted in the fixed assets.

Is This Answer Correct ?    0 Yes 0 No

what is depreciation?..

Answer / mk reddy

deprecition nothing but reducing the asset value for usage

Is This Answer Correct ?    0 Yes 0 No

what is depreciation?..

Answer / hemanth.n.s

It is a continous and gradual shrinkage in the book value
of a fixed asset.

Is This Answer Correct ?    4 Yes 5 No

what is depreciation?..

Answer / rajesh

decrease in the value of asset is called depreciation

Is This Answer Correct ?    1 Yes 2 No

what is depreciation?..

Answer / rajesh

decrease in the value of asset is called depreciation

Is This Answer Correct ?    1 Yes 2 No

what is depreciation?..

Answer / prem

Depreciation is the dicrisment in the value of a permanent
(fixed asset),Means the gradual reduction of a fixed asset

Is This Answer Correct ?    0 Yes 1 No

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