Question

Providing depreciation on fixed asset is in
accordance with which of the following
principles/ concepts :
(i) Going Concern
(ii)Matching concept
(iii) Materiality
O (i) and (ii)
O (ii) and (iii)
O
(i) and (iii)
O All the three
​

Answer 1

The answer would be Going Concer Concept and Matching Concept