Examveda
Examveda

Which of the following foxed assets is not depreciated in the ordinary circumstances?

A. Plant & Machinery

B. Building account

C. Land

D. Equipment's

Answer: Option C

Solution(By Examveda Team)

Land foxed assets is not depreciated in the ordinary circumstances. Land is not depreciated, since it has an unlimited useful life.

This Question Belongs to Commerce >> Accounting

Join The Discussion

Related Questions on Accounting