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Depreciation Account is real account? Say, …

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Depreciation Account is real account? Say, True or False

    • Posted by Gautam Kumar 6 years, 11 months ago

    CBSE > Class 11 > Accountancy
    • 2 answers

    Ritik Roshan 6 years, 11 months ago

    False

    0Thank You

    Gaurav Seth 6 years, 11 months ago

    False.

    Depreciation a/c is a nominal a/c. It is closed at the end of year by transferring to P & L a/c

    0Thank You

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