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Depreciation, Provisions and Reserves — Account STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceAccountDepreciation, Provisions and Reserves1 Mark
MCQ
Under diminishing balance method, depreciation is charged on:
  • A
    Original Cost.
  • ✓
    Written Down Value.
  • C
    Cost of Production.
  • D
    Net Profits.
✓

Answer

Correct option: B.
Written Down Value.
Written Down Value.

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