When an asset is put to use, it is subject to varied degree of wear and tear, depending on the usage of asset. Because of this wear and tear, it’s value decreases over a period of time. This decrease in
4 Methods of Depreciation Explained

When an asset is put to use, it is subject to varied degree of wear and tear, depending on the usage of asset. Because of this wear and tear, it’s value decreases over a period of time. This decrease in