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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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