Economy, asked by Anonymous, 3 months ago

What is the rate

of charging

depreciation

under

diminishing

method?

(a) 12% p.a.

(b) 15% p.a.

(c) 10% p.a.

(d) Not fixed​

Answers

Answered by sm2525451
3

Answer:

I think Not fixed is the answer

Answered by ankitdwivediii
1

option (c) 10% p.a.

According to the Diminishing Balance Method, depreciation is charged at a fixed percentage on the book value of the asset. As the book value reduces every year, it is also known as the Reducing Balance Method or Written-down Value Method.

mark as brainlist answer.

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