CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

___is a method of depreciation, in which the cost of the asset is spread uniformly over the life years by writing off a fixed amount every year, where as in ___ method of depreciation, a fixed rate of depreciation is charged on the book value of the asset over its useful life.


A

SLM & WDV

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B

WDV & SLM

No worries! We‘ve got your back. Try BYJU‘S free classes today!
C

SLM & SLM

No worries! We‘ve got your back. Try BYJU‘S free classes today!
D

WDV & WDV

No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is A

SLM & WDV


SLM is a method of depreciation in which the cost of the asset is spread uniformly over the life years by writing off a fixed amount every year. WDV is a method of depreciation in which a fixed rate of depreciation is charged on the book value of the asset, over its useful life.


flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Methods of Depreciation
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon