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WorksheetsDepreciation-E-1
Total questions: 10
Worksheet time: 6mins
Depreciation means ------- in the value of asset (F-12) (F-19)
Increase in value of asset
No change in value of asset
Continuous decrease
Decrease in value of asset in intervals
1-Depreciation is:
2-Depreciation is called:
3-Depreciation can be treated as:
4-For the business depreciation is: (F-14-16-17-22)
Expense
Income
Liability
Assets
The assets not depreciable is:
(F-12)
Goodwill
Land
Patent
All of these
The method of depreciation under which amount of depreciation remains constant every year:
(M-15) (BW-16) (G-17) (SW-21)
Fund method
Diminishing balance method
Straight line method
All of these
1-Under fixed installment method depreciation every year (SW-14)(BW-15-17-19) (R-12-13-15-17)
(SG-16)(G-16-19)(L-16-18)(F-17)(SG-19)
2-In straight line method depreciation expense are
3-Under straight line method of depreciation the amount of depreciation: (G-21)
Increase
Decrease
Constant
All of these
Depreciation calculated in fixed installment method on: (M-14-18)(F-15)(SG-15)
Original cost of asset
Scrap value
Book value
Sale value
1-Good will is: (F-11-14-18)(G-15) (SG-17-18) (L-18) (R-17-19)
2-Trade mark is (BW-21) (L-19-21)
3-Copyright is: (F-21)
Tangible asset
Current asset
Fictitious asset
Intangible asset
Which one of the tangible assets?
(BW-17)(SW-17) (L-21) (R-21) (M-21)
Good will
Trademark
Copy right
Machinery
Equipment
If assets book value is less than sale value it produced: (BW-15) (SG-16-18) (F-21)
Profit
Loss
Interest
None of these
1-The value of an asset at the end of its working life is called: (F-17-22)(R-19) (L-21)
2-The estimated value of fixed asset at the end of its economic life is called (F-19)
Scrap value
Residual value
Salvage value
All these
