Q. Depreciation is applied to non-current assets in the statement of financial position in order to (Solved)
1. show a profitability valuation of the non-current assets
2. show a true and fair value of the non-current assets
3. show how the non-current assets are affected by inflation
4. show what the non-current assets could make if leased out
- b. show a true and fair value of the non-current assets