Under which method of depreciation annual depreciation charges bears a fixed % of book value of the assets

Sinking fund method

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Sum of years digit method

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Written down value method

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Straightline method

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Solution

The correct option is C Written down value method
Under Written down method of depreciation annual depreciation charges bears a fixed % of book value of the assets.

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Similar questions

Q. The annual amount of depreciation charged every year _______ under written down value method.

Q. Under which of following method depreciation is charged uniformly?
1. Straight line method (SLM).
2. Sum of year digit method.
3. Annuity method.
4. Depreciation fund method.
The correct answer is -

Q. Under written down value method the annual amount of depreciation is______.

___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.

The annual depreciation charged under _______ method remains fixed during the life of asset, while it diminishes every year in ______ method

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Under which method of depreciation annual depreciation charges bears a fixed % of book value of the assets

The correct option is C Written down value methodUnder Written down method of depreciation annual depreciation charges bears a fixed % of book value of the assets.

The correct option is C Written down value method
Under Written down method of depreciation annual depreciation charges bears a fixed % of book value of the assets.