Suruchi Guddo posted an MCQ
September 14, 2020 • 14:26 pm 1 points
  • UGC NET
  • Commerce

Which one of the following statement is not true?

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  • Rucha rajesh shingvekar Best Answer

    Depreciation is a charge against the assets of a company, not a source of funds. ● It shows the fall in the value of an asset over a period of time. ● It can be calculated by taking into consideration- the price of an asset- scrap value / estimated life of an asset. Thus, Option A is correct.

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