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Question Practice

What is depreciation?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 11
Accountancy
Accountancy - II
Financial Statements - II
Question Bank

What is depreciation?

Single Answer MCQ
Q-00053635

What is depreciation?

1

Loss of value of an asset due to wear and tear

2

Increase in asset value over time

3

A type of income earned

4

An expense of purchasing new assets

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