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Introduction to Debentures

For depreciat...

Question

For depreciating Goodwill, the suitable method is :

A

Straight Line

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B

WDV

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C

Depletion

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D

Annuity Method

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Solution

The correct option is B Straight Line
For depreciation Goodwill, the suitable method is straight line. Straight line method is when the asset is depreciated on the original cost basis.

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