Accountancy, asked by rockyramesh620, 1 year ago

steps in Sinking fund method of depreciation? plz clarify

Answers

Answered by rjgolu
0
The sinking fund method for asset depreciation is not commonly used in the majority of asset depreciation write-downs, since it is slightly ...
Answered by Anonymous
0

Answer:

Under this method, one Depreciation Fund Account is opened and the amount of depreciation is credited to that account. The asset account year after year stands at original cost.

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