ഇത്ര എളുപ്പമായിരുന്നോ 🫣 Straight line method of DEPRECIATION problem|Plus One Accountancy 

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Depreciation refers to the loss of value of fixed asset due to many reasons such as wear and tear, obsolescence etc.
What are the need of depreciation?
💥To find out the real result of business
💥 To know the exact financial position of business
💥To fulfil some legal requirement
💥To distribute divided out of profits only
💥 To find out accurate cost of production
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