pls explain the clear difference between Depreciation and
Demortization?
Answers were Sorted based on User's Feedback
Answer / sgr
Depreciation means paramanent decrese in the value of asset
due to concern lapce of time, wear and tear, usage of asset.
Demortizaton means writting off the value of fictitious
asset.Eg:- value decresing from priliminary expences, copy
rights.
Is This Answer Correct ? | 19 Yes | 1 No |
Answer / rakesh kadiri
Depreciation means permanent fall in the value of the asset
and where as the demortization means writing of fixitious
assets.
Is This Answer Correct ? | 4 Yes | 1 No |
Answer / arvind kumar tiwari(a.t)
Depreciation means paramanent decrese in the value of asset
due to concern lapce of time, wear and tear, usage of asset.
Demortizaton means writting off the value of fictitious
asset.Eg:- value decresing from priliminary expences, copy
rights.
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / chandu
depreciation means decreasing the value of fixed assets due
to wear and tear where as demortization means decreasing
the value of fixitious assets.
Is This Answer Correct ? | 1 Yes | 0 No |
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