Question on: WAEC Accounting - 2002

Depreciation is
A
cost of repairs incurred on a fixed asset
B
a charge for the wear and tear of fixed assets
C
the cost incurred on replacing a fixed asset
D
provision for loss of fixed asset
Ask EduPadi AI for a detailed answer
Correct Option: B

Add your answer

Notice: Please post responsibly.

Please share this, thanks!

No responses