Which of the following is true about the straight-line method?

Related MCQs

• Which of the following statements is true with regard to written down value method of depreciation? i. The rate at which the asset is written off reduces year after year ii. The amount of depreciation provided reduces from year to year iii. The rate of depreciation as well as the amount of depreciation reduce year after year iv. The value of the asset gets reduced to zero over a period of time
• Which of the following is true with respect to providing depreciation under diminishing balance method?
• Under the direct write-off method of recognizing a bad debt expense. Which of the following statements is/are true?
• Which of the following statements is true? (C.S. Foundation, Dec. 2012)
• If the Going Concern concept is no longer valid, which of the following is true?
• Which of the following statements is true?
• Which of the following is true?
• Which of the following statements is/are true? (i) Cash Book records all cash receipts and cash payments (ii) Cash Book records all sale and purchase transactions of goods both in cash and on credit (iii) Cash Book records discount on Cash Payments
• Which of the following statements is/are true? (i) Drawings Account is a Nominal Account (ii) Capital Account is a Real Account (iii) Sales Account is a Nominal Account (iv) Outstanding salaries account is a Nominal Account (v) Patents Account is a Personal Account
• Which of the following is true?