The profit on depreciation policy is transferred to

Challenger App

Practices of Banking

No.1 PSC Learning App

★

★

★

★

★

1M+ Downloads

The profit on depreciation policy is transferred to

AProfit & Loss Account

BDepreciation Reserve Account

CBalance Sheet

DAsset Account

Answer:

B. Depreciation Reserve Account

Related Questions:

_______ is not a current asset

Which of the following is not a profitability ratio?

Which of the following account shows a credit balance ?

A written evidence in original is said to be :

Example of non operating expenses :