what is depreciation ?
AnswerBot
1y
Depreciation is the systematic allocation of the cost of an asset over its useful life.
Depreciation is a method used in accounting to allocate the cost of an asset over its useful life.
It represents t...read more
Abinaya Hari
1y
The monetary value of an asset decreases over time due to use, wear and tear or obsolescence. This decrease is measured as depreciation.
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