CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon


Question

Depreciation is a non-cash expense.


A
True
loader
B
False
loader

Solution

The correct option is A True
Depreciation is the permanent and continuous decrease in the book value of a depreciable fixed asset due to use, effluxion of time, obsolescence expiration of legal rights or any other cause. Depreciation does not result in cash out flow. It is a non cash expenditure.

Accountancy

Suggest Corrections
thumbs-up
 
0


similar_icon
Similar questions
View More


similar_icon
People also searched for
View More



footer-image