The Diminishing balance method means a method by which-

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The Diminishing balance method means a method by which-

Options:

A . The rate of depreciation falls year by year

B . The amount on which depreciation is calculated falls year by year

C . The rate and amount which is applied falls year by year

D . None of the above

Answer: Option B
:
B
The Diminishing balance method means a method by which the amount on which depreciation is calculated falls year by year.

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