Download App

P2 C2 Depreciation Accounts — Account STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceAccountP2 C2 Depreciation Accounts1 Mark
Question
What is non-depreciable asset?
✓

Answer

Asset which has unlimited life or whose estimation of life is not possible, this kind of asset is called non-depreciable asset. e.g., Land. On non- depreciable asset, depreciation is not calculated.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "Answer In One Or Two Sentence .(1 Marks)" from P2 C2 Depreciation Accounts→P2 C2 Depreciation Accounts — all question types→Account STD 11 Commerce question papers→Gujarat Board STD 11 Commerce question papers→Gujarat Board question paper generator→

Similar questions

Mention the types of revenue reserve.
→
Which types of ledgers are popular ?
→
According to which accounting principle or concept, does bank credit interest on doubtful advances to Interest Suspense Account?
→
Which type of errors are corrected with the help of the Suspense Account?
→
No accounting entry is recorded for death of a key employee of the firm even if it is an important event affecting business.
→
Give full form of $SEBI.$
→
Which types of transactions are recorded in the goods subsidiary books?
→
Write the reasons for purchase return or sales return of goods ?
→
Why rough book is not treated as a component of books of accounts?
→
What is called allowance (Kasar)?
→