According to fixed instalment method, the depreciation is calculated on  Original cost   None of the given options   Balance amount   Scrap value

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According to fixed instalment method, the depreciation is calculated on  Original cost   None of the given options   Balance amount   Scrap value
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Solution 1

According to the fixed installment method, depreciation is calculated on the original cost of the asset.

Here are the steps to calculate depreciation using the fixed installment method:

  1. Determine the original cost of the asset. This is the price paid to acquire the asset.

  2. Determine the exp Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
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Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
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