Challenger App

No.1 PSC Learning App

1M+ Downloads
Under diminishing value method, depreciation is calculated on ---.

AOriginal Cost

BScrap Value

CWritten down Value

DDepreciable Value

Answer:

C. Written down Value

Read Explanation:

.


Related Questions:

Management Accounting uses data mainly drawn from:
Wasting assets refer to:
Under the modern approach, which of the following is NOT a category of account?
If closing stock appearing in the trial balance, it will appear in the ------ only.
Which of the following best defines a transaction in accounting?