The simple logic of Depreciation, explained
Channel: eVidhya
Date: 26/05/2020

This video explains the logic for Depreciation, as in why it is necessary, and why it gives a clearer picture to the people reading financial statements.

This video was done in association with;
https://www.linkedin.com/in/malathi-narayan-b078921b/
n association with https://www.findmydreamcollege.co.in and https://www.evidhya.com

Depreciation is a reduction in the value of an asset over time, due in particular to wear and tear. This video emphasizes the need for Depreciation.