which describes the process by which assets or equipment decrease in value as an employer pays off the loan…

which describes the process by which assets or equipment decrease in value as an employer pays off the loan used to purchase the equipment?\na. depreciation\nb. asset decrease\nc. deduction

which describes the process by which assets or equipment decrease in value as an employer pays off the loan used to purchase the equipment?\na. depreciation\nb. asset decrease\nc. deduction

Answer

Answer:

A. Depreciation

Brief Explanations:

Depreciation is the process of an asset losing value over time, often due to wear - and - tear, obsolescence, etc. It is not just a general asset decrease or a deduction.