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Answer Posted / anuradha singla
Depreciation means to depreciate i.e. to decrease the value
of asset yearly by certain amount (depending upon the
depreciation method followed by the company).
These are some of the depreciation methods:
1 Straight-line depreciation
2 Declining-Balance Method
3 Activity depreciation
4 Sum-of-Years' Digits Method
5 Units-of-Production Depreciation Method
6 Units of time depreciation
7 Group Depreciation Method
8 Composite Depreciation Method
| Is This Answer Correct ? | 2 Yes | 1 No |
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