General Knowledge - Indian Economy - Discussion

Discussion Forum : Indian Economy - Indian Economy (Q.No. 9)
9.

Depreciation means

closure of a plant due to lock out
closure of a plant due to labour trouble
loss of equipment over time due to wear and tear
destruction of a plant in a fire accident
Answer: Option
Explanation:
No answer description is available. Let's discuss.
Discussion:
12 comments Page 1 of 2.

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)

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)

VAISHISTH WELEKAR said:   9 years ago
Depreciation means actual prize after the use of machine.
(1)

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)

Karthik said:   2 decades ago
depreciation means loss of equipment over time due to wear and tear

Hemsh said:   2 decades ago
It should be C as it a loss on wear and tear. i.e usage. and then we close our book and accounts to know the right price at present date.

Preeti said:   1 decade ago
Depreciation means reduction in value or worth, an allowance in valuation for wear and tear.

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. ].

Pravalika said:   1 decade ago
Depreciation means decrease in price or value.

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.


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