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Privacy policyThe Depreciation category includes questions on how the value of assets decreases over time. It covers common methods such as straight‑line, diminishing balance, and units of production, along with related calculations and accounting treatment.
1 questions
Provision for depreciation is charge against profit; reduces profit, creates reserve.
Ref: NCERT Accountancy Class XI Chapter 7 Depreciation explains depreciation methods straight line written down value provision causes accounting treatment.
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