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Answer in one sentence only: What is depreciation? - Book Keeping and Accountancy

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प्रश्न

Answer in one sentence only:

What is depreciation?

एक पंक्ति में उत्तर
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उत्तर

Depreciation means a shrinkage in the value of an asset due to factors like wear and tear, the passage of time, obsolescence, etc.

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अध्याय 7: Depreciation - Exercises [पृष्ठ २४१]

APPEARS IN

बालभारती Book Keeping and Accountancy [English] Standard 11 Maharashtra State Board
अध्याय 7 Depreciation
Exercises | Q 1. 1. | पृष्ठ २४१
फ्रैंक Economics [English] Class 12 ISC
अध्याय 19 National Income Aggregates
TEST YOURSELF QUESTIONS | Q 11. | पृष्ठ ३८१
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