Then why do we do depreciation of companies what is the need for it

AnswerBot
1y

Depreciation is necessary to allocate the cost of an asset over its useful life.

  • Depreciation helps in matching the cost of an asset with the revenue it generates.

  • It allows for the recognition of the w...read more

Harsh Lakhotia
1y

unable to understand your question. could you pls elaborate

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