CameraIcon

SearchIcon

MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Depreciation

Decrease in a...

Question

Decrease in an assets value caused by unfavorable market conditions is called _________.

A

depreciation

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

B

appreciation

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

both A and B

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

none of the above.

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A depreciation
The decrease in an asset's value caused by unfavourable market conditions is called depreciation. This reduction is especially due to wear and tear of the machines

Suggest Corrections

thumbs-up

0

Similar questions

Q. Most organisms overcome the unfavorable conditions by escaping time in suspend condition. Which of the following is not a way to suspend?

Q. Amortisation is a decrease in the value of assets.

Q. Give one example of each of the following transactions:
(i) Increase in an asset and a liability.
(ii) Decrease in an asset and a liability.
(iii) Increase in assets and capital.
(iv) Decrease in assets and capital.

Q. A market condition characterised by single producer of a product having no close substitute is called _________.

Q. Decrease in value of assets at the time of admission of a partner is ______________.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Depreciation

ECONOMICS

Watch in App

explore_more_icon

Explore more

Standard XII Economics

Join BYJU'S Learning Program

CrossIcon