Quiz on Economics Paper 2 (Commerce/ Management/ Economics)
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Causes of Deprecation The depreciation may broadly be divided into two:- Internal causes External causes. 1. Internal causes: Depreciation that
Meaning of Depreciation Depreciation means the gradual decrease or loss in the value of asset due to its usage, passage
Bad Debts Recovery As states earlier, when the seller mentions any loss due to bad debt, it is written off
Provision for Discount on Debtors In almost all the business there is always an effort to collect our payments from