English

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

Advertisements
Advertisements

Question

Answer in one sentence only:

What is depreciation?

One Line Answer
Advertisements

Solution

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

shaalaa.com
  Is there an error in this question or solution?
Chapter 7: Depreciation - Exercises [Page 241]

APPEARS IN

Frank Economics [English] Class 12 ISC
Chapter 19 National Income Aggregates
TEST YOURSELF QUESTIONS | Q 11. | Page 381
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×