State the factors affecting the amount of depreciation.

Question

27 Aug 2021

Answer :

Word Count : 278

The word depreciation is derived from a Latin word “Depretium” where “De” means decline and “pretium” means price. Thus, the word “Depretium” stands for decline in the value of assets. It stands for gradual and continuous decline. In simple words, Depreciation may be defined as permanent decrease in the value of assets due to Use ______ _______ ________ _______ _______ __________.
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