When as asset such as a car, decreases in value over time what is it called?

asked May 16, 2021 150k views

3 votes

by Xeun

7.3k points

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2 votes

Answer:

Depreciation

Explanation:

Defined as a reduction in the value of an asset with the passage of time, due in particular to wear and tear.

Msb answered May 17, 2021

by Msb

8.6k points

3 votes

Depriencion

as in separate

Wim Coenen answered May 20, 2021

7.9k points

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