Question on: WAEC Accounting - 2005

Where there is a loss on disposal of a fixed asset, it means
A
depreciation has been underestimated
B
depreciation has been overestimated
C
scrap value has not been estimated
D
depreciation method used is inappropriate
Ask EduPadi AI for a detailed answer
Correct Option: B

Add your answer

Notice: Please post responsibly.

Please share this, thanks!

No responses