Depreciation is provided on ______?

فرسودگی ______ پر فراہم کی جاتی ہے؟

Intangible assets

Fixed Asset

Outward charges

None of these

Depreciation applies to tangible fixed assets like machinery, buildings, and vehicles due to wear and tear over time.

Intangible assets (e.g., patents) are amortized, and current assets (e.g., inventory) are not depreciated.