On which of the following asset, depreciation is charged on ‘Depletion method’

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Question:

On which of the following asset, depreciation is charged on ‘Depletion method’

A.

Goodwill

B.

Plant and Machinery

C.

Land and Building

D.

Wasting asset like mine and quarries

Answer» d. Wasting asset like mine and quarries

Note: The above multiple-choice question is for all general and Competitive Exams in India.