Depreciation on plant and machinery is which type of expense
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It is an indirect expenditure and therefore we show it on the debit side of Profit and Loss Account.
It is NON CASH EXPENDITURE in case of Financial Accounting.
And INDIRECT COST in case of Cost Accounting.
sujiritha95:
They asked what type of expense indirect expense or direct expense . it can be direct expense also in case its a manufacturing company where its machine usage high in such case deprecation is direct expense
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