Category: Depreciation

  • Depreciation

    Depreciation means a fall in the value of an asset because of usage or with efflux of time or due toobsolescence or accident. Every fixed asset looses its value, once it is put to use In this chapter I will discuss the following topics 11.01 Meaning of Depreciation11.02 Characteristics of Depreciation11.03 Depreciation and Other Related…