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Advantages or need for providing depreciation

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Advantages or need for providing depreciation Empty Advantages or need for providing depreciation

Post by Prashant303285 Wed Jul 18, 2012 7:45 am

Advantages or need for providing depreciation are as follow:
1)Ascertainment of true profit or loss
2)Determination of true financial position
3)Provision for replacement of assets
5)Minimization of tax.

Prashant303285
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Posts : 2027
Join date : 2012-06-12

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