Question

Depreciation charged under dimishing method
A. Increase every year
B. Decrease every year
C. Increase one year and decrease another year
D. Same every year

Answer 1

Answer:

A plz mark as brain least

Answer 2

ANSWER :

★ (B) Decrease every year

• ❒ Depreciation charged under Dimishing Method decreases every year.

• ❒ Diminishing Balance Method is also known as Written Down Value Method or Reducing Balance Method.

• ❒ Diminishing Balance Method is a method of charging depreciation under which a fixed rate or percentage of depreciatuin is charged each year on the diminishing value of the asset till the amount is reduced to its scrap value. Under this method, as the value if asset goes on diminishing year after year, the amount of depreciation charged every year also goes on diminishing; although the rate of the depreciation remains fixed.