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whats is depreciation? formula for calculating deprecation
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Answer Posted / bharat singh
Deprecation:-
""deprecation charged on fixed assets,it is calculate on book value.Depreciation is the reduction in the value of asset year by year due to wear & tear, absolecense etc"".
formula for calculating deprecation.?
Total Value of the Asset - Scrap Value
= _______________________________________
Total numer of years
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