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Depriciation |
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Answer» Depreciation is a wear&tear of the assets . And reduce the value of the asset . Depreciation refers to permanent and continuing diminution and quality quantity or value of an asset Depreciation is the fall in the value of an fixed tangible asset due to efflux of time, accidents, obsolescence etc. Depreciation is a non cash expenditure which reduces the value of assets e.g machinery bike etc |
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