3
Question
Net Block ( Book Value ) = Gross Block (cost) - __________.
Net Block ( Book Value ) = Gross Block (cost) - __________.
Open in App
Solution
The correct option is A Depreciation Till date
Option A is correct One.Gross Block Means - Total Value of Asset ( Its Original Purchase price+any cap ex)
Net Block Means - Original Value Of Asset( As Above) - Till Date Charged Depreciation
Normally "Accumulated depreciation account " is maintained which is credited by the depreciation charged each year on the asset of the company , Once you debit current period depreciation , such depreciation shall be transferred to Accumulated Depreciation Account.
Option A is correct One.
Gross Block Means - Total Value of Asset ( Its Original Purchase price+any cap ex)
Net Block Means - Original Value Of Asset( As Above) - Till Date Charged Depreciation
Normally "Accumulated depreciation account " is maintained which is credited by the depreciation charged each year on the asset of the company , Once you debit current period depreciation , such depreciation shall be transferred to Accumulated Depreciation Account.
Suggest Corrections
0
of the land a day and Raghavan tills 
of the land a day. What part of the land do they together till in a day?