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Depreciation appearing in the Trial Balance should be?

(A) Debited to P&L A/c
(B) Shown as liability in Balance Sheet
(C) Reduced from related asset in Balance Sheet
(D) Both (a) and (c) above

►Correct Option

Correct Option is: A

Accounting McqsAccounting Interview Questions, Accounting Mcqs, Accounting Questions, Cost accounting Mcqs, Financial Accounting Mcq

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