When precision for depreciation account is maintained, th...
When precision for depreciation account is maintained, the annual charge for depreciation shall be
Debited to the provision account and credited to profit and loss account
Debited to the asset account and credited to profit and loss account
Debited to profit and loss account and credited provision account
Debited to the asset account and credited to the provision account
Debited to the provision account and credited to the asser account
Correct answer is C
No explanation has been provided for this answer.
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