Depreciation of fixed capital assets refers to:
Depreciation of fixed capital assets refers to:
(a) Normal wear and tear
(b) Foreseen obsolescence
(c) Normal wear and tear, foreseen obsolescence
(d) Unforeseen obsolescence
Anurag Pathak Changed status to publish December 5, 2023
Ans – (c)
Depreciation:- Depreciation refers to a fall in the value of fixed assets due to normal wear and tear, passage of time or forseen obsolescence (change in technology).
Anurag Pathak Changed status to publish December 5, 2023
