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  9. Q41
Question 41

Depreciation is

  • A.cost of repairs incurred on a fixed asset
  • B.a charge for the wear and tear of fixed assets
  • C.the cost incurred on replacing a fixed asset
  • D.provision for loss of fixed asset
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
2002
Question no.
#41
Type
Objective
Previous · Q40A trader paid insurance premium of N45,000 for 15 months ended 31st March, 2000… Next · Q42 A trader paid insurance premium of N45,000 for 15 months ended 31st March, 2000…

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