Depreciation of loose tools is provided by
A) Replacement method
B) Revaluation method
C) Diminishing value method
D) Provisions for depreciation process
Correct Answer:
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Q28: Which of the following fixed asset is
Q29: In calculation of depreciation, all of the
Q30: Depreciation means
A)Depletion
B)Amortization
C)Saving of Cash
D)Reduction in the books
Q31: Provision for Depreciation is
A)An appropriation of profit
B)A
Q32: A machine is purchased at a cost
Q34: Which of the following is not one
Q35: Human resource accounting attempts to place a
Q36: Which of the following is not a
Q37: The amount of depreciation charged on a
Q38: Loss on sale of machinery will be:
A)Debited
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