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28 June, 01:39

Which of the following terms describes the estimate of dollar value loss of a capital good due to obsolescence or wear and tear over a period of time? Select the correct answer below: amortization depletion appreciation depreciation

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  1. 28 June, 03:59
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    Depreciation

    Explanation:

    This is basically a reduction in value of an asset over period of time mainly because of wear an tear.
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