CBSE · Class 11 · Accountancy
Depreciation, Provisions and Reserves
Chapter 2.3Accounting ProcessCBSE / NCERT · Secondary & Senior Secondary
Topics
Depreciation
- Meaning, features, causes and factors
- Depletion and amortisation
- Straight-line and written-down-value methods
- Charging to asset versus provision account
- Disposal of assets
Provisions and reserves
- Provisions versus reserves
- Revenue, capital, general, specific and secret reserves
Learning objectives
- Compute and record depreciation under a stated method.
Labs for this chapter are on the way
We are building worlds, labs and stories for Depreciation, Provisions and Reserves. Meanwhile, practise its questions or explore the rest of Commerce.
