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Depreciation is the systematic allocation of the cost of a fixed asset over its useful life. It’s calculated using different methods like straight-line, reducing balance, and sum of years’ digits. Do you want me to explain each method in detail?
Machines usually depreciate based on the hours used and the amount of workload it has to handle. So calculate depreciation based on actual working hours for a higher accuracy and not on number of calendar days.
Either CA or MBA will take hard work. I suggest you make a list of pros and cons and things you enjoy doing the most. Then choose based on that rather than what others recommend. All d best!
Tution a younger kids is a god option but you shud ask parents for refrences first. Rates are low in begining but you can charge more with experiance. Hopw this helps
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