Vidyalelo
Commerce · Q1568

Accounting

Graduate and Post Graduate · Commerce · question 1568

Q1568

In which method of depreciation, asset account is debited with interest?

A.
Sum of year's digit method
B.
Annuity method
Answer
C.
Insurance policy method
D.
Diminishing Balance Method

Answer: Option B

Solution

Answer: Option B
No explanation is given for this question Let's Discuss on Board