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Write the word/term/phrase which can substitute the following statement: The method of depreciation in which the total depreciation is equally spread over the life of the asset. - Book Keeping and Accountancy

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One Word Answer

Write the word/term/phrase which can substitute the following statement:

The method of depreciation in which the total depreciation is equally spread over the life of the asset.

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Solution

The method of depreciation in which the total depreciation is equally spread over the life of the asset. - Fixed Instalment method

Concept: Methods of Depreciation
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