Answers
rate positively ..
| Ans 7 | Correct answer is option: | |||||
| Decrease total asset | ||||||
| Increase in accumulated depreciation will result into decrease in total asset | ||||||
| Ans 8 | Correct answer is option: | |||||
| When the asset was acquired | ||||||
| Depreciation is non cash expenses and actual outflow will be when asset acquired. |
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