Home » Accounts (Principles of Accounts) » In the balance sheet, the balance on the provision for Depreciation Account shown asIn the balance sheet, the balance on the provision for Depreciation Account shown as In the balance sheet, the balance on the provision for Depreciation Account shown as A. addition to fixed assets B. deduction from fixed assets C. addition to capital D. duduction from current liabilies Correct Answer: Option B Explanation Related Posts The petty cash book has A trading account is prepared to disclose the Which of the following describes a trial balance? To account for expenses paid by head office on behalf of the branch, the branch… Use the information below to answer question. Ezekiel Malgwi is a retailer. He recorded sales… Calculate the net profit?