Which of the following is not a method of charging depreciation?

Related Mcqs:

If a transaction is completely omitted from the books of accounts, will it affect the agreement of a trial balance?

A. Yes B. No C. Transactions can’t be omitted D. none of these...

The gross decrease in economic benefits for the business are what?

A. Expenses B. Obligations C. Creditors D. Income or gain...

Which of the following accounting equation is correct?

A. Cash+Other assets=Capital-Liabilities B. Capital+ Liabilities=Assets+Income C. Assets-Liabilities=Capital D. Assets+Capital=Liabilities...

Credit balance as per Cash Book mean____________?

A. Surplus cash B. Bank overdraft C. Terms deposits with bank D. None of these...

Which of the following is not a feature of a promissory note?

A. It must be in writing B. It contains an unconditional promise to pay C. It is payable to the bearer D. It must be signed by the maker...