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Answer in One Sentence only: Why depreciation is charged? - Book Keeping and Accountancy

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Answer in One Sentence only:

Why depreciation is charged?

एक पंक्ति में उत्तर
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उत्तर

Depreciation is charged to find out the true amount of profit or loss in a particular accounting period and to arrive at the true value of the asset.

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अध्याय 7: Depreciation - Exercises [पृष्ठ २४१]

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बालभारती Book Keeping and Accountancy [English] Standard 11 Maharashtra State Board
अध्याय 7 Depreciation
Exercises | Q 1. 2. | पृष्ठ २४१
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