Is depreciation the loss to the value of fixed asset? True or False?

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There was a question about land depreciation as a fixed asset I called to answer...
Posted by:
Khaled Mohee Eldeen Abbas Mahmoud
13-October-2014

Question added by Muhammad Fiaz , GROUP MANAGER ACCOUNTS, FINANCE AND TAX , SMPL Group of Companies
Date Posted: 2014/06/24

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2 Answers

by Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town

Answer is True.

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Mujtaba Mohamed Ali Gazge

by Mujtaba Mohamed Ali Gazge , Document Controller , Nurol LLC

True

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