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

2. Following are the causes of Depreciation except

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

4. Depreciation is a process of :

5. Depreciation helps in determining

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

7. An alternative term used for accumulated depreciation expenses?

8. Depreciation is Charged on :

9. Depreciation charged under diminishing method

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

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

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

13. Following are the causes of Depreciation except

14. What is depreciation?

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

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

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

18. Provision is created by debiting :

19. General Reserves are shown in :

20. Dividend Equalisation Reserve is :

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