A

Admin • 833.24K Points
Coach

Q. Depreciation is charged on which type of asset?

  • (A) Current Asset
  • (B) Fixed Tangible Asset
  • (C) Fictitious Asset
  • (D) Intangible Asset
  • Correct Answer - Option(B)
  • Views: 21
  • Filed under category Accounting
  • Hashtags:

Explanation by: Admin

Depreciation is charged on tangible fixed assets like machinery and buildings.

You must be Logged in to update hint/solution

Discusssion

Login to discuss.

Be the first to start discuss.