General Knowledge - Indian Economy - Discussion
Discussion Forum : Indian Economy - Indian Economy (Q.No. 9)
9.
Depreciation means
Discussion:
12 comments Page 1 of 2.
Suraj srivastava said:
1 year ago
Depreciation means a gradual decrease in the value of assets due to normal wear and tear, flux of time, obsolescence, and change in technology.
(1)
VAISHISTH WELEKAR said:
9 years ago
Depreciation means actual prize after the use of machine.
(1)
Sunil prusty said:
9 years ago
Depreciation means decrease value of the asset over the time period. So the loss of equipment over time due to wear and tear i.e. this assets value decline by use and loss. So that is the perfect answer.
(1)
MA YU R said:
9 years ago
Depreciation is a method of allocating the cost of a tangible asset over its useful life.
Depreciation is used in accounting to try to match the expense of an asset to the income that the asset helps the company earn.
Depreciation is used in accounting to try to match the expense of an asset to the income that the asset helps the company earn.
Santanu said:
1 decade ago
Depreciation is decrease value of assets over the time period. Like you purchase a mobile in 10K, after 6 months when you want to sell it, you will get 6K. This is case of depreciation.
(1)
Mariraju said:
1 decade ago
It is a loss of assets over time due to wear and tear.
Bittu boss said:
1 decade ago
As far as I think depreciation is a mainly adept for all goods and materials like you purchased a radio and tv you will purchased a long time then= goods+time-depreciation.
Pravalika said:
1 decade ago
Depreciation means decrease in price or value.
Munna said:
1 decade ago
Depreciation means reduction in value A CAR NEW X price 30, 00, 00. After 2 year price is 90, 000. It Depreciation. Because of reduction value [ engine +tier + decoration + color + etc. ].
Preeti said:
1 decade ago
Depreciation means reduction in value or worth, an allowance in valuation for wear and tear.
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