Write the word/term/phrase which can substitute the following statement: The type of asset on which depreciation is charged. - Book Keeping and Accountancy

One Word Answer

Write the word/term/phrase which can substitute the following statement:

The type of asset on which depreciation is charged.

The type of asset on which depreciation is charged. - Fixed asset

Concept: Methods of Depreciation

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Chapter 7: Depreciation - Exercises [Page 242]

Chapter 7 Depreciation
Exercises | Q 2. 7. | Page 242

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