Question on: JAMB Accounting - 2004

The balance on the provision for depreciation account is?
A
added to fixed assets on the balance sheet
B
deducted from the fixed assets on the balance sheet
C
deducted from the profitand loss account
D
added to current liabilities of the account
Ask EduPadi AI for a detailed answer
Correct Option: B

Add your answer

Notice: Please post responsibly.

Please share this, thanks!

No responses