Depreciation of non current asset
what is the relevant source
event transaction condition
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Answer:
for coins
Explanation:
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If it’s motor vehical Reducing balance method (RBM) is best but for NCA as furnitures,fixtures and fittings etc Straight line method (SLM) is best.
Depreciation is a non-cash expense so no cash outflow but provision account as per matching principle.
Depreciation is a non-cash expense so no cash outflow but provision account as per matching principle.
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