In which of the following methods, the cost of the asset is spread over in equal proportion during its useful economic life?
A) Straight-line method
B) Written down value method
C) Units-of-production method
D) Sum-of-the years'-digits method
Correct Answer:
Verified
Q7: The main objective of providing depreciation is
Q8: The portion of the acquisition cost of
Q9: Which of the following statements is true
Q10: The accounting process of gradually converting the
Q11: Which of the following factors are primarily
Q13: Which of the following statements is correct?
A)Depreciation
Q14: Depreciation is calculated on the
A)Cost price of
Q15: Which of the following is an external
Q16: Depreciation is a process of -
A)Valuation of
Q17: Which of the following is not depreciated
A)Building
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