Which of the following is true about the straight-line method?
A) Complex method
B) Cost of depreciation remains constant
C) Cost of depreciation changes every year
D) P&L account debited with different amount every year
Correct Answer:
Verified
Q40: Reduction in the book value of an
Q41: Which among the following is not a
Q42: Depreciation is charged on
A)Current asset
B)Fixed asset
C)Intangible asset
D)Current
Q43: Depreciation helps in determining
A)Accurate level of profit
B)Increases
Q44: The asset which is an exception from
Q46: Annual depreciation of machine is 40000, cost
Q47: Value of an asset is 9 lakh,
Q48: Depreciation is a process of:
A)Valuation of asset
B)Allocation
Q49: Shares which are not preference shares are
Q50: The amount of share premium received by
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