Which one of the following is not a feature of written down value method of depreciation?
(i) the book value of asset becomes zero at any point of time. (ii) the depreciation is calculated on the book value of assets and not on the cost.
(iii) amount of depreciation charged on specific assets reduces every year.
(iv) there is no need to estimate residual value and estimated life at the time of deciding the amount.
a) (i)
b) (i) & (ii)
c) (i) , (ii) & (iii)
d) (i) , (ii) , (iii) & (iv)
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Answer:
c) is the right answer
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Answered by
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Answer:
c) (i) , (ii) & (iii) it is the correct answer
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