For depreciating Plant & Machinery, 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 A WDV Written down value method is decline in book value of asset.If plant and machinery is depreciated by WDV then business will get to know exact condition of asset on that particular date. and also business can plan accordingly.