Accountancy, asked by srinidhibulusu94, 6 months ago

6. Depreciation is charged on fixed assets due to which concept I Convention
(a) Disclosure
(b) Materiality (c) Conservatism
(a) Going Concem
O
(a)
O (b)
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(0)
(d)​

Answers

Answered by ishuism000
8

Depreciation is charged on fixed assets to comply with Matching concept which requires that revenues must be matched with associated expenses to get a complete and accurate picture of profit and loss.

Explanation:

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