Which method of depreciation would you recommend for coal mines? Options: A . &nbspDiminishing balance method. B . &nbspFixed installment method. C . &nbspSum of year’s digits. D . &nbspDepletion method.

Which method of depreciation would you recommend for coal mines?

Question

Which method of depreciation would you recommend for coal mines?

Options:

A . Diminishing balance method.

B . Fixed installment method.

C . Sum of year’s digits.

D . Depletion method.

Answer: Option C

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Question 1. The depreciation value after two years of an asset costing Rs.10, 000 depreciated at 10% on fixed installment is Rs. —....is Rs. ———— and on reducing balance method is ———–.

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