How many types of depreciation method do you know? name it.
Answer Posted / vinay valmiki
Two Types
1) Straight Line Method (SLM)
2) Reducing Balnce Method (RBM)
In SLM a fixed value is deducted every year
In RBM a fixed percentage on reduced value is deducted
every year
Is This Answer Correct ? | 20 Yes | 7 No |
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