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Teaching Accountancy Accounting for Specific Business and Transactions Question Bank MCQ - Accounting for Specific Business and Transactions

  • question_answer
    Which method of depreciation is effective if repairs and maintenance cost of an asset increase as it grows old?

    A)  Straight line method

    B)  Sinking fund method

    C)  Annuity method

    D)  Reducing balance method

    Correct Answer: D

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