Multiple Choice Questions on At the end of the year Depreciation Account is transferred to ........ for Commerce ( 11 and 12th) Preparation

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Multiple Choice Questions

At the end of the year Depreciation Account is transferred to ........

Accountancy (11th) Chapter-7 Depreciation, Provisions and reserves
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    At the end of the year, Depreciation Account is transferred to :

    Balance Sheet

    Incorrect Answer

    Trading Account

    Incorrect Answer

    Profit & Loss Appropriation Account

    Incorrect Answer

    Profit & Loss Account

    Correct Answer
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    Explanation:

    Profit & Loss Account

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