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Tag: straight line method of depreciation accounting

DEPRECIATION ACCOUNTING

Posted on April 11, 2019 By commerceiets No Comments on DEPRECIATION ACCOUNTING
DEPRECIATION ACCOUNTING

DEPRECIATION ACCOUNTING Depreciation denotes the decrease in the book value of the fixed assets. It is the permanent and gradual decrease in the value of fixed assets. It is due to use, effluxion of time, obsolescence, expiration of legal rights or any other cause. Depreciation Accounting is done to provide the assets at true value…

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11 ACCOUNTANCY, FINANCIAL ACCOUNTING
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