i. Depreciation is charged on _________ asset. ii. Wages paid for Installation/fixation of Machinery is debited to ______ account.

Complete the following sentences:

i. Depreciation is charged on _________ asset.

ii. Wages paid for Installation/fixation of Machinery is debited to ______ account.

iii. Under _____________ system, the amount of depreciation changes every year.

iv. Depreciation = \(\frac{Costo\,of\,AssetLess......}{Estimated\,Working\,Life\,of\,Asset}\)

v. Gradual and permanent decrease in the value of asset is known as __________

vi. In Fixed Instalment System the amount of depreciation is _____________ every year.

vii. The amount spent on installation of Machinery is a _____________ expenditure.

viii. _____________ is the value which an asset realises at the end of its useful life.

ix. Depreciation Account is a _____________ account.

x. Depreciation is derived from a Latin word _____________