Does the value of assets become fully zero using the WDV method of depreciation?

Open in App

Solution

No, the value of assets will not become zero by using the Written Down Value (WDV) method of calculating depreciation.

Suggest Corrections

Similar questions

Q. how does depreciation increase the value of other tangible assets.

___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.

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

Under which depreciation method the amount of depreciation expense remains same throughout the useful life of a fixed asset?

Q. Reduction of assets results in of depreciation if company follows WDV method for calculating depreciation.

Join BYJU'S Learning Program