If the rate of depreciation is same, then the amount of depreciation under straight line method vis – a – vis written down value method will be
A. Equal in all years
B. Equal in the first year but higher in subsequent years
C. Equal in the first year but lower in subsequent years
D. Lower in the first year but equal in subsequent years
Answer:B
If the rate of depreciation is same, then the amount of depreciation under straight line method vis – a – vis written down value method will be
A. Equal in all years B. Equal in the first year but higher in subsequent years C. Equal in the first year but lower in subsequent years D. Lower in the first year but equal in subsequent years