Accounting For Depreciation

Accounting for Depreciation is used to measure the cost of an asset to the income that the asset helps the company earn. For accounting purposes, depreciation signify how much of an asset’s value has been used up, that is called accounting for depreciation.

Accounting For Depreciation

Accounting For Depreciation Learning Objectives: Define and explain the term “depreciation”. Why does depreciation calculated and charged? What are the different methods for providing depreciation? Definition and Explanation of Depreciation: The value of assets gradually reduces on account of use. Such reduction in value