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(Querist)
25 January 2014 under what circumstance (and why) is depreciation added to opening bal of cash to find closing cash.. i dont get it
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AVTAR SINGH

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AVTAR SINGH (Expert)
26 January 2014 Since depreciation is not paid in cash and net profit is arrived at after its deduction, it is added to net profit to know the cash profit available with the concern.

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