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allocation
Solution
The correct option is Depreciation.
Depreciation is a systematic allocation of depreciable amount over the useful life of a fixed asset.
It is a reduction in the value of fixed asset due to wear and tear over the period by using the fixed
assets other than land.
Hence the correct option is Depreciation

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allocation SolutionThe correct option is Depreciation.Depreci.pdf

  • 1. allocation Solution The correct option is Depreciation. Depreciation is a systematic allocation of depreciable amount over the useful life of a fixed asset. It is a reduction in the value of fixed asset due to wear and tear over the period by using the fixed assets other than land. Hence the correct option is Depreciation