Which of the following cannot depreciate?
...Which of the following cannot depreciate?
Plant and machinery
motor van
Premises
Land
Correct answer is D
Land is permanent. It does not wear and tear. Rather it appreciates in value over time.
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\(\begin{array}{c|c} & \text{1/6/2011} & \text{30/5/2012}\\ & D & D \\ \hline \text{...
The following account are prepared when goods are sent to branch except ...