CBSE Class 11-commerce Answered
Which method of depreciation assumes that an
asset should be depreciated more in the earlier years and less in the later
years of use?
Asked by Topperlearning User | 01 Jul, 2016, 03:14: PM
Expert Answer
Diminishing balance method or written down value method of depreciation assumes that an asset should be depreciated more in the earlier years and less in the later years of use. Hence, every year the depreciation amount will go on reducing.
Answered by | 01 Jul, 2016, 05:14: PM
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ANSWERED BY EXPERT
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ANSWERED BY EXPERT
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ANSWERED BY EXPERT