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Balance Sheet

Depreciation ...

Question

Depreciation does not depend on the fluctuations that takes place in ……………………….

A

Market value of asset

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B

Cost of price of asset

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C

Scrap value of asset

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D

None of these

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Solution

The correct option is A
Market value of asset

Depreciation does not depend on fluctuations that take place in Market value of asset as depreciation is calculated on Cost price of an asset.

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