What is depreciation. What are the types of depreciation. Explain any one?

Sourabh Pareek
3mo
Three types of depreciation 1. Straight line 2. Double declining balance 3. Units of production
Anonymous
3mo
Depreciation means reduction in value, meaning the price at which we buy an asset and use it, its value is decreasing because we are using it, this is called depreciation.
Kothapalyamsrinivasp
6mo
Decrease in the value of an asset over a period of time
AnswerBot
9mo
Depreciation is the decrease in the value of an asset over time. Types include straight-line, reducing balance, and sum-of-the-years'-digits.Depreciation is a method of allocating the cost of an asset...
see more
karthi
11mo
Reducing the value of assets over a period of time called depreciation.2 types of depreciation They are:1.straight line depreciation &2.Fluctuation / variable depreciation....
see more
karthi
11mo

Deduction in the value of assets over a period of time.

karthi
1y

Indirect &explicit cost that a company incurs every year on the fixed assets.

Add answer anonymously...
Gallagher Process Associate Interview Questions
Stay ahead in your career. Get AmbitionBox app
qr-code
Helping over 1 Crore job seekers every month in choosing their right fit company
55 L+

Reviews

5 L+

Interviews

2 Cr+

Salaries

1 Cr+

Users/Month

Contribute to help millions
Get AmbitionBox app

Made with ❤️ in India. Trademarks belong to their respective owners. All rights reserved © 2023 Info Edge (India) Ltd.

Follow us
  • Youtube
  • Instagram
  • LinkedIn
  • Facebook
  • Twitter
Hello, Guest
Contribute to help millions!
Write a review
Share interview
Contribute salary
Add office photos
Add office benefits