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Select the most appropriate answer from the alternatives given below and rewrite the sentence: The amount of depreciation remains constant every year under - Book Keeping and Accountancy

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Question

Select the most appropriate answer from the alternatives given below and rewrite the sentence:

The amount of depreciation remains constant every year under ______

Options

  • Straight Line Method

  • Diminishing Balance Method

  • Revaluation Method

  • Insurance Policy Method

MCQ

Solution

The amount of depreciation remains constant every year under Straight Line Method.

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Methods of Depreciation
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Chapter 7: Depreciation - Exercises [Page 242]

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