Fixed Assets Question:
Tell me what is the difference between the different depreciation methods?
Answer:
In Revaluation Method,the amount of depreciation at the end will be deducted from the beginning Eg. Bottles,Tools.....
In sinking fund method, the amount of depreciation will be invested outside the business & this will be used for Replacement of Asstes,Buying a new assets.
In sinking fund method, the amount of depreciation will be invested outside the business & this will be used for Replacement of Asstes,Buying a new assets.
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