Accountancy, asked by ruchitasarate, 3 months ago

The amount charged to depreciation goes on declining in?​

Answers

Answered by surbhidwivedi2006
0

Answer:

According to the Diminishing Balance Method, we charge depreciation at a fixed percentage on the book value of the asset appearing in the Balance Sheet. ... As the book value of the asset reduces every year applying this method, hence the amount ofdepreciation expense also reduces every year.

Explanation:

This is the correct answer of your question.

please mark me as brainliest and please follow me.

Answered by jairaj08
3

Answer:

Written down value method

Similar questions