Under which method of depreciation the depreciable cost of an asset is charged to profit and loss a/c in equal proportion during the working life of the asset ?

WDM

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SLM

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Sinking fund method

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Depletion method

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Solution

The correct option is B SLM
b'According to the SLM method, the cost of the assets is written off equally during its useful life. Therefore, an equal amount of depreciation is charged every year throughout the useful life of an asset.'

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Under which method of depreciation the depreciable cost of an asset is charged to profit and loss a/c in equal proportion during the working life of the asset ?

The correct option is B SLMb'According to the SLM method, the cost of the assets is written off equally during its useful life. Therefore, an equal amount of depreciation is charged every year throughout the useful life of an asset.'

The correct option is B SLM
b'According to the SLM method, the cost of the assets is written off equally during its useful life. Therefore, an equal amount of depreciation is charged every year throughout the useful life of an asset.'