define depreciation?

Answer Posted / s. vijaya kumar

Every asset having a some value at the time of purchase.
During the period after purchase, Decrease asset's value
either mony or worth, that is called unusable value. this
unsuable value or worth may be visible or unvisible. Its
called depriciation. this may be deduct many methods like
Straight Line method, Retrun Down Value Method, and so on.
for this method govt has fixed the particular parcentage

S. Vijaya Kumar M.Com

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