General Knowledge - Indian Economy - Discussion
Discussion Forum : Indian Economy - Indian Economy (Q.No. 9)
9.
Depreciation means
Discussion:
12 comments Page 2 of 2.
Mariraju said:
1 decade ago
It is a loss of assets over time due to wear and tear.
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.
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