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

  • question_answer
    According to Income Tax Act, which method of providing depreciation should be followed?

    A)  Reducing balance method

    B)  Sinking fund method

    C)  Annuity method

    D)  Straight line method

    Correct Answer: A

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