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P2 C2 Depreciation Accounts — Account STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceAccountP2 C2 Depreciation Accounts1 Mark
MCQ
Under which method of depreciation, the value of asset becomes zero?
  • A
    Reducing balance method
  • B
    Annuity method
  • ✓
    Straight line method
  • D
    Depletion unit method
✓

Answer

Correct option: C.
Straight line method

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