Download App

Depreciation — Account STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceAccountDepreciation1 Mark
Question
What is meant by Written Down Value Method of providing Depreciation?
✓

Answer

Written Down Value Method of providing depreciation means depreciation is calculated and charged at a fixed rate on written down value of the asset every year.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "1 Marks Question" from Depreciation→Depreciation — all question types→Account STD 11 Commerce question papers→CBSE Board STD 11 Commerce question papers→CBSE Board question paper generator→

Similar questions

In the Cash Book of a firm, Bank Account showed a credit balance of ₹ 5,000. There were unpresented cheques amounting to ₹ 1,500. The Bank Statement showed bank charges of ₹ 700 not recorded in the Cash Book. What is the balance in the Bank Statement?
→
A Bill of Exchange for ₹ 3,000 drawn on 1st June, 2018 and payable after 3 months was discounted with a bank at 10% p.a. but was dishonoured on due date and 8 were paid as noting charges. What was the amount claimed by the bank from the Drawer?
→
Trial Balance is prepared after preparing the Profit and Loss Account Comment.
→
When liabilities are listed in order of liquidity in a Balance Sheet, which should be listed first-Capital or Creditors?
→
What adjustment is made of outstanding expenses while preparing final accounts?
→
What is humanware?
→
Why is Closing Stock valued at lower of cost or net realisable value (market value)?
→
Give two examples of each of Fixed Assets and Current Assets.
→
Assets and Liabilities of a particular accounting period are shown in the Balance Sheet. Do you agree?
→
“Under the liquidity approach, assets which are most liquid are presented at the top of the balance sheet”. Do you agree?
→