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Depreciation Pr...

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  • Question 1
    1 / -0

    Non-charging of depreciation will result in ____________.

  • Question 2
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    A Principal objection to SLM of depreciation is that it ___________.

  • Question 3
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    ____________ is a method that spreads the depreciable value evenly over the useful life of an asset.

  • Question 4
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    An asset was shown in the Balance sheet during the last three years at $$Rs. 50000$$, $$Rs.45000$$ and $$Rs.40000$$, the depreciation for $$4th$$ year will be ___________.

  • Question 5
    1 / -0

    An asset is subject to $$10\%$$ depreciation on reducing balance method. If the book value of the asset as on $$31.03.13$$ is Rs. $$45000$$. The annual depreciation for the year $$2014-15$$ amounted to _________.

  • Question 6
    1 / -0

    In the case of assets used for generation and distribution of power, the Income-tax Act  prescribe which of the following method of depreciation.?

  • Question 7
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    ____________ method has smallest depreciation in the first year.

  • Question 8
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    ____________ is disadvantage of written down method of depreciation.

  • Question 9
    1 / -0

    Under ____________ method charge to revenue is uniform every year.

  • Question 10
    1 / -0

    __________ method has greatest depreciation in the first year.

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