Question

Q 8. In WDV method depreciation is
charged on
*
O Cost price
3
O Market price
O Book Value
O Non on these
This is a required question​

Answer 1

Answer:

Book Value

Explanation:

WDV method is the most common used method of depreciation. Also in income tax act, depreciation is allowed as per WDV method only. In this method depreciation is charged on the book value of asset and book value is decreased each year by the depreciation.

Hope it helps! :)