Q.

Depreciations arises because of :

A. Fall in the market value of the asset
B. Fall in the value of money
C. Physical wear and tear of asset
D. Inflation in the market
Answer» C. Physical wear and tear of asset
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Fundamentals of Accounting

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Raju Pratap Sami
2 months ago

What is the main purpose of depreciating assets in accounting?
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