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  • Depreciation Accounting
  • The method in which amount chargeable to depreciation alo...
Multiple choice

The method in which amount chargeable to depreciation along with interest received is invested every year is called

  1. straight line method

  2. written down value method

  3. annuity method

  4. sinking fund method

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

sinking fund investment is amount invested consisting of annual depreciation and interest received.

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