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Answer Posted / vishwanath k
Depreciation means Declining the value of the Fixed Assets
year by year
Imp Note :Land will not come under Depreciation even though
its fixed assets cuz its value wont decrease usually it
will increase
ex:SraightLine method,Declining balance method,Sum-of-the-
years'-digits method
| Is This Answer Correct ? | 3 Yes | 1 No |
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