1. Depreciation helps in determining

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

3. Provision is created by debiting :

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

5. General Reserves are shown in :

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

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

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

9. Depreciation is a process of :

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

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

12. Depreciation is Charged on :

13. Following are the causes of Depreciation except

14. Following are the causes of Depreciation except

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

16. Dividend Equalisation Reserve is :

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

18. What is depreciation?

19. An alternative term used for accumulated depreciation expenses?

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

21. Depreciation charged under diminishing method