1. Dividend Equalisation Reserve is :

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

3. General Reserves are shown in :

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

5. Depreciation helps in determining

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

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

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

9. An alternative term used for accumulated depreciation expenses?

10. What is depreciation?

11. Depreciation is Charged on :

12. Following are the causes of Depreciation except

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

14. Depreciation charged under diminishing method

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

16. Following are the causes of Depreciation except

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

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

19. Depreciation is a process of :

20. Provision is created by debiting :

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