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प्रश्न
Under straight-line method, the amount of depreciation is ______.
पर्याय
Increasing every year
Decreasing every year
Constant for all the years
Fluctuating every year
उत्तर
Under straight-line method, the amount of depreciation is constant for all the years.
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संबंधित प्रश्न
Answer in One Sentence only:
Which account is debited when expenses are paid on installation of Machinery?
Write the word/term/phrase which can substitute the following statement:
Expenses incurred for fixation of the new asset to bring it in working condition.
Select the most appropriate answer from the alternatives given below and rewrite the sentence:
The amount spent on installation of new machinery is a ______ expenditure.
State whether the following statement is True or False with reasons:
Wages paid for installation of Machinery are debited to Wages A/c.
Complete the following sentence:
Depreciation is charged on ______ asset.
Complete the following sentence:
Wages paid for Installation/fixation of Machinery is debited to ______ account.
If the total charge of depreciation and maintenance cost are considered, the method that provides a uniform charge is ______.
State the advantages of written down value method of depreciation.
M/s Omkar Enterprise Jalgaon acquired a Printing Machine for ₹75,000 on 1 Oct 2015 and spent ₹5,000 on its transport and installation. Another Machine for ₹45,000 was purchased on 1st Jan 2017. Depreciation is charged at the rate of 20% on the Written Down Value Method, on 31st March every year.
Prepare Printing Machine Account for the first four years.
M/s Omkar Enterprise Jalgaon acquired a Printing Machine for ₹ 75,000 on 1 Oct 2015 and spent ₹ 5,000 on its transport and installation. Another Machine for ₹ 45,000 was purchased on 1st Jan 2017. Depreciation is charged at the rate of 20% on the Written Down Value Method, on 31st March every year.
Prepare Printing Machine Account for the first four years.
