CA Foundation doubt
Income and expenditure acc me depression kyo nhi lagta hai land per.
Asked by Girish26 Aug 2024416 views
3 answers
Rohit · 26 Aug 2024
Baap chacha se poocho wo log LAND ke liye ladte ku hai
Nishi · 26 Aug 2024
Bcz land kbhi depreciate nhi hoti uski value bdhti hi h .....
Manish · 26 Aug 2024
Depreciation is not considered in the incoming expenditure account because it is a non-cash expense. It is an accounting method to spread the cost of a fixed asset over its useful life. Depreciation does not involve any actual outflow of cash.
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