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Thursday, 02 April 2026
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Depreciation is

Depreciation is
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A A charge for the wear and tear of a fixed asset
  • B The cost of replacing a fixed asset
  • C The loss incurred on the sale of a fixed asset
  • D The cost of repairs incurred on a fixed asset
  • E The increase in value of a fixed asset
Correct Answer: Option D
Explanation:

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