In which of the following methods of charging depreciation, it is charged on Orginal cost of the asset?

Diminishing balance method

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Annuity method

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Straight line method

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Sum of the digits method

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Solution

The correct option is C
Straight line method

This is charged in Straight Line Method for calculating depreciation.

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In which of the following methods of charging depreciation, it is charged on Orginal cost of the asset?

The correct option is C Straight line method This is charged in Straight Line Method for calculating depreciation.

The correct option is C
Straight line method

This is charged in Straight Line Method for calculating depreciation.