Complete the following sentence: In Fixed Instalment System the amount of depreciation is ............. every year. - Book Keeping and Accountancy

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Complete the following sentence:

In Fixed Instalment System the amount of depreciation is ______ every year.

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Solution

In Fixed Instalment System, the amount of depreciation is constant every year.

Concept: Methods of Depreciation
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Chapter 7: Depreciation - Exercises [Page 243]

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