A docs.google.com/Which method of depreciation issuitable when expenditure on repairsand maintenance, increases as themachine grows old?Machine hour rate methodReducing balance methodStraight line methodSinking fund Method.The amount of depreciation understraight line method.increases every yearremains fixed for all yearrevalued every yeardecreases every yearGiven Sales in first and second yearis Rs 80,000 and Rs 90,000respectively. Also, profit is Rs 10,000and Rs 14,000 respectively. What isII

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Which method of depreciation is suitable when expenditure on repairs and maintenance, increases as the machine grows old? O Machine hour rate method Reducing balance method Straight line method Sinking fund Method.

Which method of depreciation is suitable when expenditure on repairs and maintenance, increases as the machine grows old? O Machine hour rate method Reducing balance method Straight line method Sinking fund Method.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

A docs.google.com/
Which method of depreciation is
suitable when expenditure on repairs
and maintenance, increases as the
machine grows old?
Machine hour rate method
Reducing balance method
Straight line method
Sinking fund Method.
The amount of depreciation under
straight line method.
increases every year
remains fixed for all year
revalued every year
decreases every year
Given Sales in first and second year
is Rs 80,000 and Rs 90,000
respectively. Also, profit is Rs 10,000
and Rs 14,000 respectively. What is
II

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