Depreciation is
A cost of repairs incurred on a fixed asset
B a charge for the wear and tear of fixed assets
C the cost incurred on replacing a fixed asset
D provision for loss of fixed asset
Answer is B
Tutors, Past Questions and Projects.
Depreciation is
A cost of repairs incurred on a fixed asset
B a charge for the wear and tear of fixed assets
C the cost incurred on replacing a fixed asset
D provision for loss of fixed asset
Answer is B