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Differentiate between depreciation and capital losss

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Differentiate between depreciation and capital losss
  • 2 answers

Srishti Tuli 6 years, 4 months ago

Depreciation is the fall in the value of assets due to normal wear and tear and capital loss is due to uncertainiy in business. Depreciation is due to usage of asset over a period of time and capital loss is due to any natural calamity like Earthquake etc.

Kartik Bidhuri 6 years, 4 months ago

depreciation is decrease of value of the asset but capital loss is the loss of the firm
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