Question

The depreciation during the year 'n', in diminishing balance method of depreciation calculation, is calculated by multiplying a fixed percentage 'N' to the

a.

initial cost.

b.

book value at the end of (n - 1)th year,

c.

depreciation during the (n - 1)th year.

d.

difference between initial cost and salvage value.

Answer: (b).book value at the end of (n - 1)th year,

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Q. The depreciation during the year 'n', in diminishing balance method of depreciation calculation, is calculated by multiplying a fixed percentage 'N' to the

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