2
Question
Depreciation are shown as a _________ to fixed asset.
Depreciation are shown as a _________ to fixed asset.
Open in App
Solution
The correct option is A Deduction
Depreciation is the systematic reduction of the recorded cost of a fixed asset. Examples of fixed assets that can be depreciated are buildings, furniture, and office equipment. The only exception is land, which is not depreciated (since land is not depleted over time, with the exception of natural resources).
Depreciation is the systematic reduction of the recorded cost of a fixed asset. Examples of fixed assets that can be depreciated are buildings, furniture, and office equipment. The only exception is land, which is not depreciated (since land is not depleted over time, with the exception of natural resources).
Suggest Corrections
0
Similar questions
View More
Join BYJU'S Learning Program
Explore more
Join BYJU'S Learning Program
