Examveda
Examveda

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

D. None of these

Answer: Option C

Solution(By Examveda Team)

Under Straight line method of depreciation, the amount of depreciation expenses remains constant throughout the life of the asset.

This Question Belongs to Commerce >> Accounting

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