The ware and tear of a fixed assets of a company which is...
The ware and tear of a fixed assets of a company which is chargeable to company’s financial statement is called ------------------------------
Appreciation
Amortization
Provisions
Depreciation
Correct answer is D
Depreciation is the reduction in the service potential of an asset as a result of wear and tear.
The sales day Book is used to record ...
The accounting method that reports incomes when earned and expenses when incurred is called? ...
The authority of the Accountant General to disburse from government fund is called ...
Lighting..................N2925 Rent......................N2640 Salary....................N4050 ...
The Partnership Deed normally specifies ...
Debentures issued at a price above the nominal value are said to be issued ...
Goods withdraw from business for private use are credited to? ...