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Select the most appropriate answer from the alternatives given below and rewrite the sentence: Depreciation is charged only on .......... assets. - Book Keeping and Accountancy

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Question

Select the most appropriate answer from the alternatives given below and rewrite the sentence:

Depreciation is charged only on ______ assets.

Options

  • Fixed

  • Current

  • Non-performing

  • Fictitious

MCQ

Solution

Depreciation is charged only on Fixed assets.

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Methods of Depreciation
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Chapter 7: Depreciation - Exercises [Page 242]

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