Depreciation is
...Depreciation is
Cost of repairs incurred on a fixed asset
A charge for the wear and tear of fixed assets
The cost incurred on replacing a fixed asset
Provision for loss of fixed asset
Correct answer is B
No explanation has been provided for this answer.
A business is required at par when the ...
An agreement made by partners to regulate and govern their business activities is known as ...
Cross referencing among different books of accounts is achieved with the use of ...
The accuracy of journalist is checked by? ...
The advantage of double entry is that ...
Which of the following is not a book of prime entry? ...
Trading Account (Extract) .................N.............................N...... Opening stock.....