‘Unexpected obsolescence is an element of depreciation’. True or False. Explain with reason.

‘Unexpected obsolescence is an element of depreciation’. True or F

1.	‘Unexpected obsolescence is an element of depreciation’. True or False. Explain with reason.
Answer» False .Only expected obsolescence is considered as an element of depreciation. Loss of value of fixed assets owing to unexpected obsolescence is called capital loss.

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‘Unexpected obsolescence is an element of depreciation’. True or False. Explain with reason.

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