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Where There Is Provision For Depreciation; Fixed Asset Is Shown In The Balance Sheet At? - Erudites Academy

Where there is provision for depreciation; fixed asset is shown in the balance sheet at?

by | Apr 23 | Accounting WAEC | 0 comments

i. cost less depreciation for the period only.
ii. cost less total depreciation to date.
iii. written down values

A. i only
B. ii only
C. i and ii only
D. i and iii only

Correct Answer:

Option D – i and iii only

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