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Where there is provision for depreciation account, fixed assets must be shown in...


Question

Where there is provision for depreciation account, fixed assets must be shown in the Balance Sheet at the i. written down values ii. historical costs less depreciation for a period only iii. historical costs less total depreciation to date

Options

A) i

B) ii

C) iii

D) i and ii

E) i and iii

The correct answer is A.


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