Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

Which of the following depreciation system ensures that the interest be charged on the cost of machine asset every year on the book value, but the rate of depreciation every year remains constant_____________________?

Which of the following depreciation system ensures that the interest be charged on the cost of machine asset every year on the book value, but the rate of depreciation every year remains constant_____________________?

A. sinking fund method
B. straight line method
C. A-B-C charging method
D. annuity charging method
E. diminishing balance method