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  • Depreciation Accounting
  • Which of the following assets does not depreciate?
Multiple choice

Which of the following assets does not depreciate?

  1. Furniture

  2. Tools

  3. Land

  4. All of these

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

This is the correct answer. The value of land normally appreciates with the passage of time. So, it does not depreciate.

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