Depreciation Pr...

Under ________ method, depreciation is calculated on written down value.

Under ___________ system, the amount of depreciation remains constant every year.

The amount realised at the end of working life of an asset ___________.

Reserves arising from capital receipts are known as _________.

Gradual and permanent decrease in the value of an asset is known as _________.

The amount of depreciation goes on decreasing in every year under the _________ method.

$$Depreciation = \dfrac {\text {Cost of Asset less Scrap Value}}{\text {Estimated Working  ____________ of Asset}}$$.

Depreciation arises because of _____________.

The money value which is obtained after selling an asset is called __________.

Depreciation is the _________ in the value of fixed assets due to its wear and tear.