The main objective of providing depreciation is to | Faculties

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Vijay Sangwan

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📊 Financial Accounting

Q. The main objective of providing depreciation is to

(A) Calculate the true profit
(B) Show the true financial position in the Balance Sheet
(C) Provide funds for replacement of fixed assets
(D) Both (a) and (b) above

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✅ Correct Answer: (B) Show the true financial position in the Balance Sheet

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