What is depreciation?

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Question Posted / nandu

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What is depreciation?..

Answer / tindu suthan

Depreciation is a non cash expense incurred by a company
which arises due to wear and tear of the fixed asset as a
result of constant usage.
2 methods of depreciation are:

1) Straight Line Method
2) Written Down Value Method

Is This Answer Correct ?

8 Yes

2 No

What is depreciation?..

Answer / rajesh

any decrease in the value of asset is called depreciation

Is This Answer Correct ?

5 Yes

0 No

What is depreciation?..

Answer / sirisha

decresing the value of an fixed asset

Is This Answer Correct ?

3 Yes

0 No

What is depreciation?..

Answer / suditi

Decrease in the value of an asset due to wear & tear.

Is This Answer Correct ?

4 Yes

1 No

What is depreciation?..

Answer / d nurulla

every asset has day by day it value degrees then the
investor try to for tax purpose redusing this asset value
show to expenduture then he will be reduse the tax in
simple tern depriciation means redusing the asset value

Is This Answer Correct ?

4 Yes

2 No

What is depreciation?..

Answer / ramesh.pm

depriciation denots gradually and perminently decreage in
the value of an asset, wear and tear, technology
changes,laps of time and accdent,

Is This Answer Correct ?

2 Yes

0 No

What is depreciation?..

Answer / krish.kota

it means Decrease in the value of asset(Tangible) due to wear and tear,obsolescene,passage of time