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Depreciation, What type of cost? Direct cost or Indirect cost?
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Answer Posted / deepak jha
Depreciation is not a cost. It is allocation of whole cost
of an asset over its useful life.we charge the amount of
Depreciation in the p/L account to accumulate amount for
the future(i.e when the useful life of an asset is over)
replacement of asset.
| Is This Answer Correct ? | 7 Yes | 14 No |
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