What are the various methods to depreciate an asset?
Answer Posted / jubeda
THERE ARE TWO METHODS
1. FIXED INSATLLMENT METHOD/ORIGINAL COST METHOD
2. REDUCING BALANCE METHOD/WRITTEN DOWN VALUE
METHOD/DIMINISHING BALANCE METHOD
THERE IS ONE MORTE WAY OF CALCULATING DEPRECIATION
THAT IS CHANGE IN METHOD.
| Is This Answer Correct ? | 12 Yes | 5 No |
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