Reduction in value of asset due to its continuous use is treated as

June 18, 2021 – by admin

Question:

Reduction in value of asset due to its continuous use is treated as

A.

Appreciation

B.

Depreciation

C.

Loss

D.

Profit

Answer» b. Depreciation

Note:

The above multiple-choice question is for all general and Competitive Exams in India.