wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

The written down method is based on __________________ assumption of same amount.

A
Faulty
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Realistic
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
Invalid
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
None of the above
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is B Realistic
This method is based on the assumption that in the earlier years the cost of repairs to the assets is low and hence more amount of depreciation should be charged. Also, in the later years, the cost of repairs will increase and therefore less amount of depreciation shall be provided.

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