The balance on the provision for depreciation account is?

Home » Past Questions » Accounts-principles-of-accounts » Jamb » 2004 » The balance on the provision for depreciation account is?
Accounts - Principles of Accounts JAMB 2004

The balance on the provision for depreciation account is?

  • added to fixed assets on the balance sheet
  • deducted from the fixed assets on the balance sheet checkmark
  • deducted from the profitand loss account
  • added to current liabilities of the account

The correct answer is: B

Explanation

No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn.
Previous Question Next Question

Leave A Comment