The apportionment of cost of a fixed asset to the profit and loss account is termed as
A.
expense
B.
depreciation
C.
loss
D.
appreciation
Answer: B
To see detailed solution to this question and thousands of other questions offline, download TestDriller SSCE. Practice rigorously for WASSCE, enjoy educational games, get chief examiners' reports, summary of WAEC literature books, compete with your peers, win prizes and more.