The most compelling reason for accounting for depreciation is: (a) To write down the non-current assets to
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The most compelling reason for accounting for depreciation is:
(a) To write down the non-current assets to what they are worth at the end of the period
(b) To build up resources for the purpose of replacing the non-current assets
(c) To match a portion of the depreciable cost of the asset against the income generated by it
(d) Because that is a requirement of company law
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Related Book For
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
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