What is Depriciation?
Will anyone want to let me know about it..?????????
I am waiting 4 it.
Fahad
In Simple words
Depreciation is the allocation of the cost of an asset over a period of time,
A decline in the value of an asset due to general wear and tear or obsolescence.
SMR
Depreciation is the process of spreading the cost of an asset over its useful economic life. Its nature is that of an expense.