state gov UPSSSC Assistant Accountant Mock Test Series Accountancy Depreciation, Reserve & Provision
Which of the following statements is correct?
1
The portion of the acquisition cost of the tangible asset, which is yet to be allocated, is known as written-down value.
2
The portion of the acquisition cost of the tangible asset, which is yet to be allocated, is known as depreciation.
3
The portion of the acquisition cost of the tangible asset, which is yet to be allocated, is known as realisable value.
4
The portion of the acquisition cost of the tangible asset, which is yet to be allocated, is known as accumulated value.