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Depreciation is
Question 1
Report
Depreciation is
a charge for the wear and tear of a fixed asset
the cost of replacing a fixed asset
the loss incurred on the sale of a fixed asset
the cost of repairs incurred on a fixed asset
the increase in value of a fixed asset
Answer Details
Read lesson note on Miscellaneous Accounts (WAEC)
Read lesson note on Nature And Significance Of Accounting (JAMB)
Miscellaneous Accounts
Nature And Significance Of Accounting
View Answer