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Depreciation — Account STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceAccountDepreciation1 Mark
Question
Give two merits of providing depreciation by Original Cost Method.
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Answer

  1. Under this method, calculation of depreciation is very simple.
  2. Under this method, the burden of depreciation on each year's net profit is equal.

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