Self Studies

Depreciation Te...

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  • Question 1
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    Straight line method is also known as ___________________.

  • Question 2
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    The depreciation amount in straight line method remains _____________________ for every year.

  • Question 3
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    Straight Line method is suitable for those assets whose useful life can be estimated _____________.

  • Question 4
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    Asset purchase in 2020 at Rs.20000. Calculate the depreciation amount for 2years @10p.a. under written down value method ____________.

  • Question 5
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    The Diminishing Balance Method of providing depreciation states ______________.

  • Question 6
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    Written Down value Method is also known as _____________.

  • Question 7
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    Under written down value method it is ______________________ to ascertain a suitable rate of depreciation.

  • Question 8
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    The straight line method is based on __________________ assumption of same amount.

  • Question 9
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    Under written down value method the depreciation amount ___________________ every year.

  • Question 10
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    The method of depreciation under which depreciation is calculated on original cost of an asset is known as ____________ .

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