The annual amount of depreciation charged every year remains _______ under straight line method

Fixed

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Changing

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Zero

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None

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Solution

The correct option is A Fixed
Under straight line method of depreciation, a fixed and equal amount of deprecation, calculated at a fixed percentage on the original cost of a fixed depreciable asset is written off during each accounting period over the expected useful life of asset.

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The annual amount of depreciation charged every year remains _______ under straight line method

The correct option is A FixedUnder straight line method of depreciation, a fixed and equal amount of deprecation, calculated at a fixed percentage on the original cost of a fixed depreciable asset is written off during each accounting period over the expected useful life of asset.

The correct option is A Fixed
Under straight line method of depreciation, a fixed and equal amount of deprecation, calculated at a fixed percentage on the original cost of a fixed depreciable asset is written off during each accounting period over the expected useful life of asset.