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Commerce · Q1404

Accounting

Graduate and Post Graduate · Commerce · question 1404

Q1404

In which of the following methods, the asset account is shown at its original cost throughout its life?

A.
Annuity Method
B.
Depreciation Fund Method
Answer
C.
Sum of Year's Digits Method
D.
Machine Hour Rate Mehod

Answer: Option B

Solution

Answer: Option B
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