Why are non-current assets depreciated?
1- to avoid overstating the value of non-current assets
2- to charge the cost of an asset as an expense over its lifetime
3- to comply with the accounting principle of historic cost
4- to match capital expenditure against the income it has helped earn
1, 2 and 4
2 )
1, 3 and 4
3 )
1 and 3 only
4 )
2 and 3
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