1. Depreciation helps in determining

2. At the end of the year, Depreciation Account is transferred to :

3. Which of the following is not a type of reserve

4. Depreciation is Charged on :

5. Depreciation charged under diminishing method

6. Dividend Equalisation Reserve is :

7. What is the rate of charging depreciation under diminishing method?

8. The loss on sale of an asset is debited to:

9. Every fixed asset loses its value due to use or other reasons. This decline in the value of asset is known as

10. Under which depreciation method the amount of depreciation expenses remains same throughout the useful life of a fixed asset

11. An alternative term used for accumulated depreciation expenses?

12. Provision is created by debiting :

13. Which of the following methods of depreciation is not recognized by Income Tax Law?

14. According to Companies Act, 1956 Secret Reserves can be created by:

15. General Reserves are shown in :

16. Following are the causes of Depreciation except

17. Depreciation is a process of :

18. The depreciation charged on an asset will be credited to :

19. Following are the causes of Depreciation except

20. What is depreciation?

21. Under Reducing Balance Method, depreciation to be charged :