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what is depreciation

Answers were Sorted based on User's Feedback



what is depreciation..

Answer / chetan

Depreciatation is reduction in tangible assets value over
period of time

Is This Answer Correct ?    10 Yes 0 No

what is depreciation..

Answer / hussain

redusing the value of asset or wear & tear value of asset

Is This Answer Correct ?    2 Yes 0 No

what is depreciation..

Answer / pratik mishra

The value of tangible goods (can be touched like furniture, computer etc.) getting decreases day by day as it is purchased from a place. It is calculated after the Financial Year ends or when a business wants to sell the specific asset.

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