Depreciation, What type of cost? Direct cost or Indirect cost?

Answer Posted / deepak jha

Depreciation is not a cost. It is allocation of whole cost
of an asset over its useful life.we charge the amount of
Depreciation in the p/L account to accumulate amount for
the future(i.e when the useful life of an asset is over)
replacement of asset.

Is This Answer Correct ?    7 Yes 14 No



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