Depriciation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 October 2013
What is the Meaning of Depriciation, Pls tell me
10 October 2013
A noncash expense that reduces the value
of an asset as a result of wear and tear, age,
or obsolescence . Most assets lose their value
over time (in other words, they depreciate ),
and must be replaced once the end of their
useful life is reached. There are several
accounting methods that are used in order to
write off an asset's depreciation cost over the
period of its useful life. Because it is a non-
cash expense, depreciation lowers the
company's reported earnings while increasing
free cash flow .
of an asset as a result of wear and tear, age,
or obsolescence . Most assets lose their value
over time (in other words, they depreciate ),
and must be replaced once the end of their
useful life is reached. There are several
accounting methods that are used in order to
write off an asset's depreciation cost over the
period of its useful life. Because it is a non-
cash expense, depreciation lowers the
company's reported earnings while increasing
free cash flow .
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