Depreciation is provided on ........

Accountancy (Phase -I & II) Accounting standards

387 views

Add to Study Deck Download Solution PDF

Depreciation is provided on:

fixed assets.

outward charges.

current assets.

intangible assets.

छोटे Courses बड़े Results

Master Accounting standards

Prepare through Micro-courses

Try Now

Explanation:

Depreciation is an accounting method of allocating the cost of a tangible or physical asset over its useful life or life expectancy. Depreciating assets helps companies earn revenue from an asset while expensing a portion of its cost each year the asset is in use

Report error

Submit Error