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P2 C2 Depreciation Accounts — Account STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceAccountP2 C2 Depreciation Accounts1 Mark
Question
Which method of depreciation Is recognised or accepted by all?
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Answer

Reducing balance method of depreciation is recognised or accepted by all bacause this method is approved by the income tax authority.

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