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Depreciation — Account STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceAccountDepreciation1 Mark
MCQ
The term depreciation is used to write off:
  • A
    Fixed Assets.
  • ✓
    Tangible Fixed Assets other than Land.
  • C
    Intangible Assets.
  • D
    Wasting Assets.
✓

Answer

Correct option: B.
Tangible Fixed Assets other than Land.

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