Question
Depreciation is charged as per which
principle?Solution
Depreciation is the value which is written off out of the wear and tear of a Non-Current Asset. Since the asset is used across the useful life of the asset, therefore, the revenues generated should be matched with the expenses incurred across the useful life.
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1. M1
2. M2
3. M3
A. M1 + Savings deposits wit...
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                             i.       When I...
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