Do you agree or disagree with the following statement: By charging depreciation on fixed assets ascertainment of true and fair financial position is possible. - Book Keeping and Accountancy

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MCQ
True or False

Do you agree or disagree with the following statement:

By charging depreciation on fixed assets ascertainment of true and fair financial position is possible.

Options

  • Agree

  • Disagree

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Solution

By charging depreciation on fixed assets ascertainment of true and fair financial position is possible. - Agree

Concept: Methods of Depreciation
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Chapter 7: Depreciation - Exercises [Page 243]

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