Match the following 1. Depreciation 2. Fluctuation 3. Fixed instalment 4. Wear and tear 5. Provision

Question

Match the following

1. Depreciation	a. Known liability
2. Fluctuation	b. Revenue profit
3. Fixed instalment	c. Fixed Assets
4. Wear and tear	d. Current Assets
5. Provision	e. Capital profit
6. General reserve	f. Continuous usage
7. Capital Reserve	g. Straight line method
8. Capital profit	i. Profit on sale of fixed asset

Answer 1

1 – c 

2 – d 

3 – g 

4 – f 

5 – a 

6 – b 

7 – e 

8 – i