Question

Which of the following is odd with reference to depreciation ?

• A. Land.
• B. Machinery.
• C. Furniture.
• D. None if the above.

Answer 1

The correct option is A Land.

solution:

Out of all the above mentioned only land is not depreciable, rest all will be depreciable , Depreciation is charged on those assets which are diminishing in nature and have a limited useful life span.

Land can never diminish i.e it can never cease to exist like the other assets viz., plant and machinery, equipments, etc. Hence, depreciation is never charged on Land.

hence the correct option: A