Depreciation is the
A. loss in the value of fixed assets in use due to normal wear and tear
B. loss of value of fixed assets in use due to normal rate of accidental damages
C. loss of value of fixed assets in use due to foreseen obsolescence
D. All of the above
Answer:D
Depreciation is the
A. loss in the value of fixed assets in use due to normal wear and tear B. loss of value of fixed assets in use due to normal rate of accidental damages C. loss of value of fixed assets in use due to foreseen obsolescence D. All of the above