Accountancy, asked by vikingsk215, 9 months ago

Is consumption of fixed capital and depreciation are same?

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Answered by nandita35
1

Answer:

Answer: Consumption of fixed capital means the depreciation of fixed assets. It is a loss of value in use because of normal wear and tear, normal rate of accidental damages and expected or foreseen obsolescence. Capital loss is a loss of value of fixed assets but these are not in use

Explanation:

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Answered by satyamshawarn
0

Answer:

Consumption of fixed capital means the depreciation of fixed assets. It is a loss of value in use because of normal wear and tear, normal rate of accidental damages and expected or foreseen obsolescence. Capital loss is a loss of value of fixed assets but these are not in use

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