Under which method of depreciation does the number of depreciation change every year?
Answered Feb 05, 2023
Under the Reducing Balance Method of depreciation amount of depreciation changes every year.
Under the Fixed Instalment Method of depreciation, an amount of depreciation remains constant every year.
For depreciating a five years lease fixed installment Method of depreciation is suggested.
(i) Fixed Instalment Method (ii) Reducing Balance Method (iii) Depretium (iv) Profit and Loss A/c (v) Installation Charges
Correct option is (a) constant
Correct option is (b) Reducing Balance
Correct option is (a) Fixed Instalment
This statement is False. Underwritten down value method depreciation is calculated at a certain fixed rate of percentage every on the balance of the asset which is brought forward from the...
(i) Original (ii) Written Down (iii) Cash/Bank (iv) profit and loss (v) non cash
Correct Answer - `200%`
Correct Answer - Rs 11800
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