1.

Assertion (A) :- Annual amount of depreciation under Straight line method remains the same. Reason (R) :- Depreciation is charged on original cost of Asset every year under straight line method. (a) Both A and R are correct and R is the correct explanation of A, (b) Both A and R are correct but R is not the correct explanation of A. (c) A is correct but R is incorrect. (d) Both A and R are incorrect.

Answer»

Correct option is (a) Both A and R are correct and R is the correct explanation of A, 



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