Question

what is the fixed instalment method?​

Answer 1

Answer:

Fixed installment method is one of the methods of allocating depreciation. In this method, every year a fixed amount of depreciation is deducted from the value of assets and the same amount is debited to profit and loss account. The book value of the assets is reduced to zero at the end of the expected life.

Answer 2

Answer:

Is it mandatory to tell you?