When accumulated depreciation is transferred to asset disposal account, Which of the following is correct? Options: A . &nbspAccumulated Depreciation Account Debit B . &nbspAsset Disposal Account Credit C . &nbspBoth A & B D . &nbspNone of these

When accumulated depreciation is transferred to asset disposal account, Which of

Question

When accumulated depreciation is transferred to asset disposal account, Which of the following is correct?

Options:

A . Accumulated Depreciation Account Debit

B . Asset Disposal Account Credit

C . Both A & B

D . None of these

Answer: Option C
:
C
The correct entry would be:
Accumulated Depreciation A/c Dr
To Asset Disposal A/c

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Question 1. In which method, depreciation is constant every year and in which method it is higher in the beginning years when compar....higher in the beginning years when compared to later years.

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