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Depreciation — Account STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceAccountDepreciation1 Mark
Question
Give two points of distinction between Original Cost Method and Written Down Value Method of providing depreciation.
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Answer

 
Basis of Distibction
Original Cost Method
Written Down Value Method
1.
Amount of depreciation.
Equal depreciation is charged every year.
Depreciation goes on decreasing year after year.
2.
Zero level.
The book can be reduced zero.
The book value of the asset can never be reduced to zero.

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