Question

Depreciation on plant for a manufacturing concern will be charge to (1) balance sheet (2) manufacturing A/c (3) capital A/c (4) profit and loss A/c

Answer 1

3. Capital Account is the right option.

Depreciation on plant for a manufacturing concern will be charge to  capital A/c.

A/c is abbreviation of account

we know that Depreciation is known as accounting method of allocating the cost of a tangible asset over its useful life and is used to account for declines in value. Businesses depreciate long-term assets for both tax and accounting purposes

Answer 2

❗❗caital acount is the answer of your question ❗❗

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