Which of the following is not an example of depreciation?
A. A plant producing rubber shoes becomes obsolete when demand shift from rubber shoes to leather shoes
B. A plant producing black and white televisions becomes obsolete when technology is discovered to produce coloured televisions
C. Fall in the market value of assets during the period of economic downturn
D. Fall in the value of your residential apartment
Answer:C
Which of the following is not an example of depreciation?
A. A plant producing rubber shoes becomes obsolete when demand shift from rubber shoes to leather shoes B. A plant producing black and white televisions becomes obsolete when technology is discovered to produce coloured televisions C. Fall in the market value of assets during the period of economic downturn D. Fall in the value of your residential apartment