Depreciation is the decrease in value of an asset over time due to wear and tear, obsolescence or other factors.

• Depreciation is a non-cash expense that reduces the value of an asset on the balance she...read more

The monetary value of an asset decreases over time due to use, wear and tear or obsolescence. This decrease is measured as depreciation. Description: Depreciation, i.e. a decrease in an asset's value,...read more

The monetary value of an asset decreases over time due to use, wear and tear or obsolescence. This decrease is measured as depreciation. Description: Depreciation, i.e. a decrease in an asset's value,...read more

Depreciation is an accounting method of allocating the cost of a tangible asset over its useful life to account for declines in value over time

The monetary value of an asset decreases over time due to use , wear and tear or obsolences

Accountancy is the principle that has to be followed while doing the accounting process

The monetary value of an asset decreases over time due to use, wear and tear or obsolescence.

It refers to permanent continuous reduction in the book value of fixed assets

Decreasing the value of asset.