Provision for depreciation, Accounting Basics

Why is a provision for depreciation made in the financial statements?

A to charge the cost of non-current assets against profits

B to make a provision for repairs

C to make cash available to replace non-current assets when necessary

D to show the current market values of non-current assets 

Posted Date: 2/12/2013 7:37:18 AM | Location : United States

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