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Select the most appropriate answer from the alternatives given below and rewrite the sentence: The amount of depreciation reduces year after year under

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Question

Select the most appropriate answer from the alternatives given below and rewrite the sentence:

The amount of depreciation reduces year after year under ______

Options

  • Fixed Instalment Method

  • Written Down Value Method

  • Depreciation Fund Method

  • Revaluation Method

MCQ
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Solution

The amount of depreciation reduces year after year under Written Down Value Method.

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Chapter 7: Depreciation - Exercises [Page 242]

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