Analysing Comparative Statement of Profit and Loss
Which of thes...
Question
Which of these is not an accepted method of depreciation
A
Straight line method
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B
Sinking fund method
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C
Written down method
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D
Market value
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Solution
The correct option is D Market value there are generally four methods of depreciation:- 1. Straight Line method 2. Double-Declining balance method 3. Written down value method 4. Sinking Fund method. Therefore Market value is not an accepted method of depreciation.