Depreciation Pr...

___________ is a charge against profit.

A fixed asset gets depreciated due to _____________.

The need for providing depreciation on fixed assets are ________.

The Diminishing Balance Method of providing depreciation states ______________.

The amount realised at the end of working life of an asset is known as ____________ .

Any reserve which is not apparent on the face of the balance sheet is known as _____________.

The books value of an asset is obtained by deducting depreciation from its __________.

Which of the following is not an objective for Reserves?

Provision of depreciation helps to replace fixed assets when __________.

Which of the followings is not a capital reserve ?