The balance on the provision for depreciation account is
Options
A) added to fixed assets on the balance sheet
B) deducted from the fixed assets on the balance sheet
C) deducted from the profitand loss account
D) added to current liabilities of the account
The correct option is B
We have WAEC, GCE, NECO, JAMB ONLINE TUTORIAL CLASS that can help you out. CLICK HERE TO GET STARTED.
FOR SHORT TUTORIAL VIDEOS ON YOUTUBE CLICK HERE AND SUBSCRIBE
