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DEP in Accountancy Meaning

The DEP meaning in Accountancy terms is "Depreciation". There are 1 related meanings of the DEP Accountancy abbreviation.

DEP on Accountancy Full Forms

  1. Depreciation The amount by which a vehicle (or any physical item) loses its value over time. In vehicle lease transactions, the projected depreciation of the vehicle is used to determine the vehicles projected residual value and the monthly lease payments.

Frequently Asked Questions (FAQ)

  1. What does DEP stand for Accountancy?

    DEP stands for Depreciation in Accountancy terms.

  2. What is the shortened form of Depreciation in Accountancy?

    The short form of "Depreciation" is DEP for Accountancy.

Citation

DEP in Accountancy. Acronym24.com. (2021, October 25). Retrieved November 22, 2024 from https://acronym24.com/dep-meaning-in-accountancy/

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