Accountancy, asked by nagul134, 4 months ago

depreciation is provided on

Answers

Answered by kavitamittal123
1

Answer:

depreciation is provided on fixed assets.

Explanation:

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Answered by aditydas112
0

Answer:

Fixed assets are those assets which provide long term benefits to the organization and are not meant to be sold in the course of business. Hence these are recorded in balance sheet. A portion of the cost of these assets is charged to profit & loss account every year which is termed as depreciation.

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