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Depreciation is charged on - (a) Only Tangible Assets (b) Only Intangible Assets

Depreciation is charged on (a) Only Tangible Assets (b) Only Intangible Assets (c) Both Tangible and Intangible Assets (d) Only Current Assets
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Depreciation is charged on 

(a) Only Tangible Assets 
(b) Only Intangible Assets 
(c) Both Tangible and Intangible Assets 
(d) Only Current Assets 




(a) Only Tangible Assets 

Explanation:

Depreciation is charged on Only Tangible Assets or Fixed Assets.Examples of Tangible fixed Assets are- 
  • business premises, 
  • equipment, 
  • inventory and 
  • machinery.







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