Question

Fill in the blanks :
i. The assumption underlying the fixed installment method of depreciation
is that the amount of the fixed assets over different years of its useful life
remain the _________.
ii. Straight line method of charging depreciation is also known as _________
or ________.
iii. Under straight line method the value of the assets at the end of its useful
life is equal to __________ or its ___________.
iv. Under straight line method the total burden on Profit and Loss Account in
Comparision to earlier years is _____________.

Answer 1

Answer:

same

equal installment method

original cost

more