A

Admin • 833.24K Points
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Q. The amount of depreciation charged reduces:

  • (A) Asset value
  • (B) Liability
  • (C) Capital
  • (D) Cash
  • Correct Answer - Option(A)
  • Views: 23
  • Filed under category Accounting
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Explanation by: Admin

Depreciation reduces the book value of an asset.

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