General Knowledge - Indian Economy - Discussion

Discussion Forum : Indian Economy - Indian Economy (Q.No. 9)
9.

Depreciation means

closure of a plant due to lock out
closure of a plant due to labour trouble
loss of equipment over time due to wear and tear
destruction of a plant in a fire accident
Answer: Option
Explanation:
No answer description is available. Let's discuss.
Discussion:
12 comments Page 2 of 2.

Hemsh said:   2 decades ago
It should be C as it a loss on wear and tear. i.e usage. and then we close our book and accounts to know the right price at present date.

Karthik said:   2 decades ago
depreciation means loss of equipment over time due to wear and tear


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