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Depreciation, Provisions and Reserves — Account STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceAccountDepreciation, Provisions and Reserves1 Mark
MCQ
Depreciation on fixed assets is:
  • A
    Cash transaction.
  • ✓
    Internal transaction.
  • C
    External transaction.
  • D
    No transaction at all.
✓

Answer

Correct option: B.
Internal transaction.
Internal transaction.

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