The depreciation during the year ‘n’, in diminishing balance method of depreciation calculation, is calculated by multiplying a fixed percentage ‘N’ to the ?

Chemical Engineering Mcqs

The depreciation during the year ‘n’, in diminishing balance method of depreciation calculation, is calculated by multiplying a fixed percentage ‘N’ to the ?

(A)  Initial cost

(B)  Book value at the end of (n – 1)th year

(C)  Depreciation during the (n – 1)th year

(D)  Difference between initial cost and salvage value

Submitted By :Ali Uppal

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