Depreciation – Fill in the blanks
1.
Depreciation is
for the business.
2.
Depreciation is considered as a part of
goods.
3.
Depreciation is changed in case of
.
4.
Depreciation is not changed in case of
.
5.
Depreciation is changed against
of an accounting period.
6.
Depreciation does not depend in fluctuation in the
value of asset.
7.
A
in the value of asset is known as depreciation.
8.
The main object of providing depreciation to calculate
.
9.
Loss on sales of machinery will be created to
.
10.
The amount of depreciation changed on machinery will be debited to
.
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