Q184
Under which method of depreciation, the amount of depreciation expenses remains constant throughout the life of the asset?
A.
Reducing balance method
B.
Unit of activity method
C.
Straight line method
AnswerD.
None of these
Answer: Option C
Solution
Answer: Option C
Solution:
Under Straight line method of depreciation, the amount of depreciation expenses remains constant throughout the life of the asset.