Accountancy, asked by Rab123, 6 months ago

Explain any two methods of charging depreciation?

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Answered by Shivi01
2

An accelerated depreciation method is designed to charge the bulk of the depreciable amount of a fixed asset to expense as soon as possible, with a rapidly-declining amount being charged to expense in later periods. Examples of this method are the double-declining balance method and the sum of the years' digits method.

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Answered by kamini6642
1

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