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Straight Line Method(SLM)

According to ...

Question

According to straight line method, the amount of depreciation every year.

A

increases

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B

decreases

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C

remains constant

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Solution

The correct option is C remains constant
Straight line method is a method of calculating depreciation in which the cost of the asset is spread uniformly over the life years by writing off a fixed amount every year. The amount of depreciation will remain constant every year when straight line method is followed.

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Straight Line Method(SLM)

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