Question

Which of the following leads to depreciation? 1

(a) Normal wear and tear (b) Damages due to floods

(c) Damages due to market-crash (d) None of these​

Answer 1

Answer:

None of these

Explanation:

None of these because The main causes of depreciation include the following :

1. Physical wear and tear - When the fixed assets are put to use, the value of such assets may decrease. Such decrease in the value of assets is said to be due to physical wear and tear.

2. Within the passage of time - When the assets are exposed to the forces of nature like weather, winds, rains, etc. the value of such assets may decrease even if they are not put to any use.

3. Expiration of legal rights - When the use of an asset is governed by the time bound arrangement, the value of such assets

Answer 2

Answer:

d) none of these.

Explanation:

it includes some conditions.