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प्रश्न
Under the written-down value method of depreciation, the amount of depreciation is ______.
पर्याय
Uniform in all the years
Decreasing every year
Increasing every year
None of the above
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उत्तर
Under the written-down value method of depreciation, the amount of depreciation is decreasing every year.
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संबंधित प्रश्न
Answer in One Sentence only:
What is a ‘Scrap Value’ of an asset?
Write the word/term/phrase which can substitute the following statement:
The period for which the asset remains in working condition.
State whether the following statement is True or False with reasons:
Depreciation is charged on fixed assets.
State whether the following statement is True or False with reasons:
Depreciation is charged on Current Assets only.
If the total charge of depreciation and maintenance cost are considered, the method that provides a uniform charge is ______.
What is the annuity method?
A firm purchased a plant for ₹ 40,000. Erection charges amounted to ₹ 2,000. The effective life of the plant is 5 years. Calculate the amount of depreciation per year under the straight-line method.
On 1st April 2015, Farid of Nasik purchased a Motor Car for ₹ 55,000. The scrap value of the Motor Car was estimated at ₹ 10,000 and its estimated life is 10 years. The Registration charge for the Motor Car was ₹ 5,000.
Show Motor Car Account for first four years, assuming that the books of accounts are closed on 31st March every year.
In the Written Down Value Method, depreciation is calculated on the:
The Double Declining Balance Method applies depreciation:
