Depreciation Pr...

___________ is created to provide funds for redemption of debentures.

Original cost of asset : 80,000 scrap value : 10,000 Life of asset : 10 years
calculate annual depreciation ______.

Depreciation Account is Transferred to ___________account at the end of accounting year.

When Provision for depreciation is maintain the total accumulated depreciation is only transferred to asset during its ___________.

Depreciation is charged to ___________ account.

Original cost of asset $$800000$$ 
Written down value : $$500000$$
Rate of depreciation : $$10$$%
Calculate depreciation under written down value.

When depreciation account is maintained annual depreciation is charged to _________.

__________ is accumulated in a separate account instead of being adjusted in asset account under provision method.

It must be noted that the amount of provision for expenses and loss is a charge against the revenue of the __________ year.

_________ is made to know liability or expense pertaining to current accounting period.