Depreciation amount of a fixed asset represents -
A) Historical cost less residual value .
B) Historical cost .
C) Historical cost less cost of disposal.
D) Book Value less scrap value
Correct Answer:
Verified
Q51: Which of the following is not a
Q52: Which of the following accounting treatments is/are
Q53: If a bill is endorsed to a
Q54: ----- is the date on which a
Q55: Joint Venture is a partnership -
A)With no
Q57: When benefit of a revenue expense extend
Q58: The convention that states that the accounting
Q59: Which of the following is a non-monetary
Q60: Accounting for Fixed Assets is related to
A)AS
Q61: The maximum amount beyond which a company
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents