Why is a provision for depreciation made in the financial, Ask an Expert

Accounting

Why is a provision for depreciation made in the financial statements?

A to charge the cost of non-current assets against profits

B to make a provision for repairs

C to make cash available to replace non-current assets when necessary

D to show the current market values of non-current assets

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9521661

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