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Tell Me What Is Depreciation And How Many Types Are There. Please Give Details?

Answer»

DEPRECIATION and its types: Depreciation means reducing/lowering value of an ASSET because of its USE. Like machines/vehicles GETS rusty/slow because of CONSISTENT use.

Depreciation and its types: Depreciation means reducing/lowering value of an asset because of its use. Like machines/vehicles gets rusty/slow because of consistent use.



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