Land does not depreciate.

True

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

False

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A True
Land does not depreciate in terms of size ,shape as it is gift of nature. But it may depreciate sometimes in terms of value.

Suggest Corrections

Similar questions

Q. Land is not a depreciable asset because __________.

Q. Which of the following asset does not depreciate?

A company purchased a land in an urban area. It does not provide any depreciation on the purchased land at the end of the year. Is the company correct in doing so ?

Q. Which of the following assets does not depreciate?

Q. ____________ does not suffer depreciation.

Join BYJU'S Learning Program

Land does not depreciate.

The correct option is A TrueLand does not depreciate in terms of size ,shape as it is gift of nature. But it may depreciate sometimes in terms of value.

The correct option is A True
Land does not depreciate in terms of size ,shape as it is gift of nature. But it may depreciate sometimes in terms of value.