what is depreciation?
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Answer / yash bangar
Depreciation mean reduce the value of asset every year.
e.g. if the machinery value of 10000/-
and Depreciation charge @ 10%
then it value reduce first year @ rs. 1000
it is called depreciation
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Answer / santhosh
Depriction means the decrese in the value of assest due to
time and the sum of amount is deducted from the value of
asset... this amount is directly deducted from the profit
and its only a book entry and this depriciation amunt used
as a source of money..
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Answer / sagar
depreciation is the gradual decrease in the value of an asset due to usage and time.
Factors effecting it are :-
wear n tear
passage of time
accidents
natural disasters
inadequacy etc.
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Answer / chandan
when any assets may have to able undervalued any reason
thats it ldepreciation
| Is This Answer Correct ? | 2 Yes | 2 No |
Answer / rajesh
Depreciation is allocation of the cost of property, plant,
and equipment to expenses over their useful (economic) life
in a systematic and rational manner
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / vikram
decline in the value of the asset by year to year because of
wear and tear.
hidden reason behind depreciation is replacement of the asset.
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / aurosnigdha bose
depreciation is the reduction in the value of fixed assets due
tu use.
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / nitin nimkar
Reduction in the value of fixed assets is depreciation
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / ch.ramesh
gradually deduction on fixed asset due to wear and tears is
called depriciation
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / veeresham pol
depriciation we are deducting the transaction
| Is This Answer Correct ? | 0 Yes | 0 No |
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