When precision for depreciation account is main... - WAEC Accounting 1990 Question
When precision for depreciation account is maintained, the annual charge for depreciation shall be
A
debited to the provision account and credited to profit and loss account
B
debited to the asset account and credited to profit and loss account
C
debited to profit and loss account and credited provision account
D
debited to the asset account and credited to the provisio account
Ask EduPadi AI for a Detailed Answer
Correct Option: C
Please share this, thanks:
#WAEC #WAEC
Add your answer
No responses