Financial Accounting MCQs

___ denotes the loss in value on an asset due to wear and tear

April 25, 2022

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___ denotes the loss in value on an asset due to wear and tear

Q. ___ denotes the loss in value on an asset due to wear and tear.

A. Provision of taxation

B. Dividend

C. Depreciation

D. None of the above

Answer: Depreciation

___ denotes the loss in value on an asset due to wear and tear

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