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Depreciation, Provisions and Reserves — Account STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceAccountDepreciation, Provisions and Reserves1 Mark
Question
What are the merits of Straight Line Method? (Any two)
✓

Answer

Merits of Straight Line Method are:
  1. It is a simple method of providing depreciation.
  2. Assets can be depreciated up to the estimated residual value.

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