Under sum of years digit method, the amount of depreciation.

Goes on decreasing in the coming years

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Goes on increasing in the counting years

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Remains fixed over the life of the asset

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None of these

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Solution

The correct option is A Goes on decreasing in the coming years
Option A is the correct one.

The sum of years' digits method is a form of accelerated depreciation that is based on the assumption that the productivity of the asset decreases with the passage of time.

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Similar questions

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Under sum of years digit method, the amount of depreciation.

The correct option is A Goes on decreasing in the coming yearsOption A is the correct one. The sum of years' digits method is a form of accelerated depreciation that is based on the assumption that the productivity of the asset decreases with the passage of time.

The correct option is A Goes on decreasing in the coming years
Option A is the correct one.

The sum of years' digits method is a form of accelerated depreciation that is based on the assumption that the productivity of the asset decreases with the passage of time.