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depreciation is the reduction in the value of an asset due to usage, passage of time, wear and tear, technological outdating or obsolescence, depletion, inadequacy, rot, rust, decay or other such factors. Appreciation is a term used in accounting relating to the increase in value of an asset.

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Differences between currency depreciation and apreciation?

Devaluation and depreciation are often interchangeable, although there is a subtle difference. Devaluation refers to changing the value of a currency in a fixed exchange rate, while depreciation is decreasing the value in a floating exchange rate.


The difference between the cost of an asset and the accumulated depreciation for that asset is called?

Book Value is the difference between the cost of an asset and the accumulated depreciation of that asset.


What is the difference between depreciation and accumulated depreciation?

Depreciation is for a particular year (say for Year 3). Accumulated depreciation is the aggregate of depreciation from the beginning (say from Year 1 to Year 3)


How do you account difference between depreciation as book and depreciation as tax?

This will be found under "deferred taxes" on the income statement.


What is the Difference between accumulated depreciation and depreciation?

Depreciation expense is a nominal account which will goin to net income at the end of term. Accumulated depreciation is a contra account with capital assets which shows up in balance sheet.


What is the difference between currency future and currency option?

The difference between a currency future and a currency option is the option is the amount paid is all that is at risk and with future you could lose a lot more.


The difference between the balance of a fixed asset account and the related accumulated depreciation account is termed?

Net Fixed Assets is the term used for the difference between the balance of a fixed asset account and the related accumulated depreciation.


What is the difference between accounting depreciation and tax depreciation?

In accounting, depreciation is an allocation of a previous expenditure, while in economics depreciation represents a decline in current value.


What are the differences between straight line depreciation and double declining depreciation methods?

The main difference between straight line depreciation and double declining depreciation methods is the way they allocate the cost of an asset over its useful life. Straight line depreciation spreads the cost evenly over the asset's life, while double declining depreciation front-loads the depreciation expense, resulting in higher depreciation in the early years and lower depreciation in later years.


What is the Difference between a normal paper and currency paper?

the main difference between currency paper and normal paper is that the currency paper is made up of cotton fibres and the normal paper is obtainde from trees


What is the difference between currency paper and a normal paper?

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Is what is the difference between pound and dollar?

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