Define the term depreciation. What are the different methods of calculating depreciation?

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Define the term depreciation. What are the different methods of calculating depreciation?

written 6.3 years ago by

savipatil92 • 50

modified 2.3 years ago by

pedsangini276 • 4.8k

Subject: Industrial Engineering And Management

Topic: Cost Accounting and Financial Management

Difficulty: Low

industrial engineering and management

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written 6.2 years ago by

savipatil92 • 50

Depreciation:

The term depreciation refers to fall in the value or utility of fixed assets which are used in operations over the definite period of years. In other words, depreciation is the process of spreading the cost of fixed assets over the number of years during which benefit of the …

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