Knowledge in Methods of depreciation
Differences
Differences between straightline and diminishing balance method.
Yuktaa sobti
Depreciation
In accountancy, depreciation refers to two aspects of the same concept: The decrease in value of assets The allocation of the cost of assets to periods in which the assets are used Depreciation is a method of reallocating the cost of a tangible asset over its useful life span of it being in motion.
Abdul Ahad