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| ID: | 234 | | Title: | Depreciation, Causes of Depreciation, Need for Provision of Depreciation - http://ezinearticles.com/?Depreciation,-Causes-of-Depreciation,-Need-for-Provision-of-Depreciation&id=589777 | | Description: | Depreciation the permanent decrease in the value of an asset due to use and/or the lapse of time. It is treated as a business expenditure. It is very necessary to include depreciation as machinery etc. does not remain same after use and if its value remains same the accounting accuracy and profit and loss calculation shall be affected resulting in inflated profits. | | Category: | Accounting | | Link Owner: | | | Date Added: | June 03, 2007 03:11:09 AM | | Number Hits: | 0 | | |
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