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प्रश्न
Under straight-line method, the amount of depreciation is ______.
विकल्प
Increasing every year
Decreasing every year
Constant for all the years
Fluctuating every year
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उत्तर
Under straight-line method, the amount of depreciation is constant for all the years.
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संबंधित प्रश्न
Select the most appropriate answer from the alternatives given below and rewrite the sentence:
Depreciation is charged only on ______ assets.
State whether the following statement is True or False with reasons:
Depreciation is charged on fixed assets.
Complete the following sentence:
In Fixed Instalment System the amount of depreciation is ______ every year.
Which method shall be efficient, if repairs and maintenance cost of an asset increases as it grows older.
Furniture was purchased for ₹ 1,00,000 on 1.7.2016. It is expected to last for 5 years. Estimated scrap at the end of five years is ₹ 10,000. Find out the rate of depreciation under the straight-line method.
A firm acquired a machine on 1st April 2015 at a cost of ₹ 50,000. Its life is 6 years. The firm writes off depreciation @ 30% p.a. on the diminishing balance method. The firm closes its books on 31st December every year. Show the machinery account and depreciation account for three years starting from 1st April 2015.
Mahesh Traders Solapur purchased Furniture on 1st April 2014 for ₹ 20,000. In the same year on 1st, Oct. additional Furniture was purchased for ₹ 10,000.
On 1st Oct. 2015, the Furniture purchased on 1st April 2014 was sold for ₹ 15,000 and on the same day, a new Furniture was purchased for ₹ 20,000.
The firm charged depreciation at 10% p.a. on the Reducing Balance Method.
Prepare Furniture Account and Depreciation Account for the year ending 31st March 2015, 2016, and 2017.
Which of the following methods charges an equal amount of depreciation every year?
The Annuity Method is most suitable when:
Under which method might two identical machines purchased at the same cost show different depreciation expenses in two companies?
