Accountancy, asked by adarshbhadana7, 1 month ago


(i) Change in Method of Depreciation is regarded as change in Accounting Policy of the entity.

Answers

Answered by ishagautam2007
2

Explanation:

A change in accounting policy in relation to depreciation charge will occur if entity changes its policy whether to depreciate the asset or not. Change from historical cost basis to revaluation basis is a change in accounting policy.

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