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Tap the causes of depreciation

Exercise and reference answers

Questions
  1. Items
    1. Text
      Wear from use
      Matches the category
      Yes
    2. Text
      Passage of time
      Matches the category
      Yes
    3. Text
      Obsolescence
      Matches the category
      Yes
    4. Text
      Higher sales
      Matches the category
      No
    5. Text
      New customers
      Matches the category
      No
    Category
    Causes of depreciation
  2. Items
    1. Text
      Machinery
      Matches the category
      Yes
    2. Text
      Building
      Matches the category
      Yes
    3. Text
      Furniture
      Matches the category
      Yes
    4. Text
      Cash at bank
      Matches the category
      No
    5. Text
      Stock to sell
      Matches the category
      No
    Category
    Fixed assets
Instructions
Tap only the items that belong to the category shown.

Explanation

_Source: syllabus Accountancy, Ch 7 'Depreciation, Provisions and Reserves'_
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