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pls explain the clear difference between Depreciation and
Demortization?
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Answer Posted / 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 |
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