In which of the following methods, the cost of the asset is spread over in equal proportion during its useful economic life?

Related Mcqs:

BUSINESS paid rent amounting to $100″ which of the following specialized journals records this transaction?

A. Cash receipts journal B. Cash payments journal C. Sales journal D. Purchase journal...

Which of the following is the practical implementation of the accounting equation?

A. Cash flow statement B. Income statement C. Statement of changes in equity D. Statement of financial position...

A chart of accounts generally start with which of the following types of accounts?

A. Assets accounts B. liability accounts C. Cash accounts D. Revenue accounts...

Short term Assets expected to be converted into cash within 1 year or less than?

A. Current Assets B. Fixed Assets C.  Current Assets& current liabilities D. All of the above...

The Balance Sheet gives information regarding the____________?

A. Results of operations for a particular period B. Financial position during a particular period C. Profit earning capacity for a particular period D. Financial position as on a particular date...