1. Provision is created by debiting :

2. Following are the causes of Depreciation except

3. Depreciation charged under diminishing method

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

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

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

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

8. Depreciation helps in determining

9. An alternative term used for accumulated depreciation expenses?

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

11. Following are the causes of Depreciation except

12. Depreciation is Charged on :

13. Dividend Equalisation Reserve is :

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

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

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

17. General Reserves are shown in :

18. What is depreciation?

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

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

21. Depreciation is a process of :