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    Question

    Depreciation is charged on which among the following?

    A Capital Receipts Correct Answer Incorrect Answer
    B Capital Expenditures Correct Answer Incorrect Answer
    C Revenue Receipts Correct Answer Incorrect Answer
    D Revenue Expenditure Correct Answer Incorrect Answer
    E A or b Correct Answer Incorrect Answer

    Solution

    Non-Current assets are a result of Capital Expenditures.

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