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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