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What are wasting assets give examples

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What are wasting assets give examples

    • Posted by Brian Dcruz 6 years, 10 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Yogita Ingle 6 years, 10 months ago

    Those assets as mines,quarries etc. that became exhausted or reduce in value by their working are called wasting assets.
    Examples:  (a) Quarries., (b) Oil wells., (c) (c) Timber stands.

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