leyahestrada101 leyahestrada101
  • 14-01-2022
  • English
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35. When an asset, such as a car, decreases in value over time what is it called?

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chibuzorjosh1
chibuzorjosh1 chibuzorjosh1
  • 14-01-2022
The asset that decreases in value is known as a wasting asset
The decrease in value is called depreciation

Hope that helps
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