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

2. Depreciation is Charged on :

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

4. Following are the causes of Depreciation except

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

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

7. Depreciation is a process of :

8. General Reserves are shown in :

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

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

11. Dividend Equalisation Reserve is :

12. Depreciation helps in determining

13. Depreciation charged under diminishing method

14. Following are the causes of Depreciation except

15. What is depreciation?

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

17. Provision is created by debiting :

18. An alternative term used for accumulated depreciation expenses?

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

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

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