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Is Depreciation a source of fund

Answer Posted / kumaraswamy

no, depreciation is not a source of fund. it is a provision
from the profit of the company. it is a sacrifice of the
profit.once the asset value becomes "zero" after
depreciation is sprovided for, the company can replace the
asset with the depreciation reserve.

Is This Answer Correct ?    12 Yes 7 No



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