Reserve which are not shown in balance sheet are called_________.

A________ is created after ascertaining the profit.

________ means amount set aside out of profit.

The term depreciation is used in relation to

_________ refers to the amount retained by way of providing for a definitely existing liability whose amount cannot be determined accurately.

Increase or decrease in the value of current assets is

Find out the odd one and state reason

Depreciation is the process of

_________ cannot be correctly calculated under depreciation on fixed assets is duly charged as a business expenses.

Under________ method of depreciation, the amount of depreciation goes on decreasing year after year.