A

Admin • 833.24K Points
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Q. Depreciation is calculated on:

  • (A) Current Assets
  • (B) Intangible Assets
  • (C) Fixed Tangible Assets
  • (D) Liabilities
  • Correct Answer - Option(C)
  • Views: 22
  • Filed under category Accounting
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Explanation by: Admin

Depreciation is applicable to tangible fixed assets like machinery, building, etc.

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