Depreciation is non cash and non opearting expense which is to be prov

1.	Depreciation is non cash and non opearting expense which is to be provided for whether there are profit or loss
Answer» Answer: DEPRECIATION is charged on fixed assets and charged to PROFIT & loss account. As depreciation is a book entry by debiting the expense account and CREDITING to the respective asset account, there is no cash OUTFLOW. Hence depreciation is CALLED as non cash operating expense.

Depreciation is non cash and non opearting expense which is to be provided for whether there are profit or loss

Answer»

Answer:

DEPRECIATION is charged on fixed assets and charged to PROFIT & loss account. As depreciation is a book entry by debiting the expense account and CREDITING to the respective asset account, there is no cash OUTFLOW. Hence depreciation is CALLED as non cash operating expense.

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Depreciation is non cash and non opearting expense which is to be provided for whether there are profit or loss​

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Depreciation is non cash and non opearting expense which is to be provided for whether there are profit or loss