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    Question

    Which accounting standard in India deals with

    depreciation accounting?
    A AS 10 - Property, Plant and Equipment Correct Answer Incorrect Answer
    B AS 2 - Inventories Correct Answer Incorrect Answer
    C AS 13 - Accounting for Investments Correct Answer Incorrect Answer
    D AS 9 - Revenue Recognition Correct Answer Incorrect Answer

    Solution

    AS 10 (Revised), "Property, Plant and Equipment," prescribes the accounting treatment for PPE, including the recognition of depreciation, determination of useful life, and choice of depreciation method.

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