The main objective of providing depreciation is to?

A. Calculate the true profit
B. Show the true financial position in the Balance Sheet
C. Provide funds for replacement of fixed assets
D. Both A. and B. above

Right Answer: Show the true financial position in the Balance Sheet

February 22, 2018   Asghar Khan    Accounting  
Total 0 Votes:
0

Tell us how can we improve this Mcqs?

+ = Verify Human or Spambot ?

Pak Gk © 2021