Why should non-current assets be depreciated? A. To apply the money measurement principle B. To charge the

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Why should non-current assets be depreciated?

A. To apply the money measurement principle
B. To charge the cost of using them against income
C. To ensure money will be available to replace them
D. To ensure the profit for the year is not understated

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Cambridge IGCSE And O Level Accounting Coursebook

ISBN: 9781316502778

2nd Edition

Authors: Catherine Coucom

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Question Posted: Sep 16, 2021 01:48 AM

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Why should non-current assets be depreciated? A. To apply the money measurement principle B. To charge the

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B To charge the cost of using them against income Noncurrent assets are longterm assets that are exp...View the full answer

Cambridge IGCSE And O Level Accounting Coursebook

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