Question

Under this method, the annual charge for depreciation decreases from year to year, so that the burden and benefits of later years are shared by the earlier years. Also, under this method, the value of asset can never be completely extinguished. The other advantage of this method is that the total charge to revenue is uniform when the depreciation is high, repairs are negligible; and as the repairs increase, the burden of depreciation gets lesser and lesser. This method of depreciation is: (a) Straight Line Method. (b) Written Down Value Method. (c) Annuity Method. (d) Sinking Fund Method.

Answer 1

option ➡️(a) Straight Line Method.

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