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What is depreciation? What are the various methods thereof?
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Answer Posted / rakesh n. agrawal
depreciation means reduction in the valuev of a fixed asset
used in the business due to wear and tear is called
Depreciation.
METHOD OF DEPRECIATION
1. straight line method
2. diminishing balance method
3. annuity method
4. depreciation fund method
5. sum of digits method
6. revaluation method
7. depletion method
8. machine hour rate method
9. Weighted avweage method
10.sinking fund method.
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