A fall or decrease in the economic service potential of a...
A fall or decrease in the economic service potential of an asset as a result of wear, tear and obsolescence is referred to as
Estimate
Depreciation
Asset
Useful Life
Correct answer is B
Depreciation is the reduction in the economic service potentials of an asset as a result of wears, usuage, tears and passage of time.
A source document is used for verifying the ...
Use the following information to answer the given question \(\begin{array}{c|c} & D\\ \hlin...
The document which serves as the authority to incur expenditure in the public sector is ...
The gross loss on manufacturing is always transferred to the? ...
One of the objectives of accounting is that it can be used for ...