34 Not yet answered Marked out of 1.00 Which one the following statements is true about Depletion? Mark) Flag question Question 35 Not yet answered Marked out of 1.00 Flag question 36 None of these It is a decrease in the value of tangible fixed assets with its use It is a decrease in the value of wasteful assetsatural resources with its use It is a decrease in the value of in-tangible fixed assets with its use (1 Calculate the amount of cash and cash equivalents if bank balance is OMR 100, Post-dated cheques are OMR 70, Cash in hand is OMR 150, Advance granted to employees is OMR 170, stationery on hand is OMR 72 (1 Mark) OMR 250 OMR 520 OMR 322 OMR 350 Question 36 Not yet answered Marked out of 1.00 Flag question Which one of the following statement about diminishing balance method is NOT true? Depreciation expense is different every year It is an accelerated depreciation method Depreciation expense is same every year (1 Mark) Question 37 Depreciation expense is large in early years and less or small in later years