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Column AColumn B(i) A permanent, continuing and gradual shrinkage in the book value of fixed asset1. Straight Line Method(ii) Wear and tear of Fixed asset is charged on the book value of the asset2. Written Down Value Method(iii)Wear and tear of Fixed asset is charged on the cost price of the asset3. DepreciationChoose the correct option :- (a) (i)-3; (ii)-1; (iii)-2 (b) (i)-3; (ii)-2; (iii)-1 (c) (i)-1; (ii)-2; (iii)-3(d) (i)-1; (ii)-3; (iii)-2 |
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Answer» Correct option is (b) (i)-3; (ii)-2; (iii)-1 |
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