Depreciation Pr...

Depreciation is a ________ shrinkage in the book value of a fixed asset.

On which of the following asset depreciation cannot be provided?

Under the diminishing balance method of providing depreciation, depreciation is charged__________.

Which of the following is the normal balance of an accumulated depreciation account?

Which of the following expenses is NOT included in the acquisition cost of a plant and equipment?

If a concern proposes to discontinue its business from March 2015 and decides to dispose of all its assets within a period of $$4$$ months, the Balance Sheet as on March 31, 2015 should indicate the assets at their ______.

XYZ firm has imported a machine from abroad. Which of the following is NOT the element of machine's cost?

An alternative term used for accumulated depreciation expenses?

The number of production of similar units expected to be obtained from the use of an asset by an enterprise is called as ______.

Which of the following is/are disadvantage of fixed instalment method of charging depreciation?