What are types of Depreciation?
Answer Posted / vk
There are two types of depreciation
1.
Physical Depreciation, which represents the accumulated
loss in market value caused by physical wear and tear since
the date the building was completed.
2.
Functional Depreciation, which describes the loss of value
caused by outmoded or inadequate design
Is This Answer Correct ? | 88 Yes | 77 No |
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