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Depreciation & Amortisation – Explained Simply 👇 #depreciation #amortisation
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YouTubeAccountingFinz
Depreciation & Amortisation – Explained Simply 👇 #depreciation #amortisation
Depreciation & Amortisation – Explained Simply 👇 🏭 Depreciation • Applies to tangible assets (like machinery, buildings, vehicles). • It means reducing the value of a physical asset over time due to wear and tear, usage, or obsolescence. • Example: If you buy machinery for ₹10,00,000 and its life is 10 years, you may charge ₹1 ...
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