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P2 C2 Depreciation Accounts — Account STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceAccountP2 C2 Depreciation Accounts1 Mark
Question
Generally, how are the depreciable assets shown in the Balance Sheet?
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Answer

In the Balance Sheet, the depreciable assets are shown on the assets side at a value obtained by deducting the annual depreciation from the opening balance of the asset.

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