The depreciation during the year 'n', in diminishing balance method of depreciation calculation, is calculated by multiplying a fixed percentage 'N' to the Options: A . &nbspInitial cost B . &nbspBook value at the end of (n - 1)th year C . &nbspDepreciation during the (n - 1)th year D . &nbspDifference between initial cost and salvage value

The depreciation during the year 'n', in diminishing balance method of depreciat

Question

The depreciation during the year 'n', in diminishing balance method of depreciation calculation, is calculated by multiplying a fixed percentage 'N' to the

Options:

A . Initial cost

B . Book value at the end of (n - 1)th year

C . Depreciation during the (n - 1)th year

D . Difference between initial cost and salvage value

Answer: Option B

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