_________ deals with the depreciation account.
A) AS4
B) AS6
C) AS10
D) AS13
Correct Answer:
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Q13: Discount on shares and debentures are shown
Q14: In the case of joint stock company,
Q15: Which of the following item will be
Q16: Which of the following would not appear
Q17: Outstanding expenditure is a _ account.
A)Nominal
B)Personnel
C)Real
D)Current
Q19: According to which concept, proprietor of a
Q20: Net worth of business means
A)Total assets
B)Fixed assets
Q21: The policy of anticipate no profit and
Q22: Capital account is a
A)Fictitious account
B)Personal account
C)Liability account
D)Nominal
Q23: Revenue is generally recognized as being earned
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