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Under the written down value (WDV) method of depreciation, the WDV of the asset is always more than zero. The WDV of an asset is the value of the asset after deducting the accumulated depreciation from its original cost. Under the WDV method, depreciation is charged at a fixed percentage on the WDV of the asset each year, which means that the WDV will decrease each year. However, the WDV can never be zero or less than zero because the asset still has some value, even if it has been fully depreciated.
Dachigam National Park is situated at which of the following states?
What is the current number of Blue Flag-certified beaches in India, including Kappad and Chal?
Who among the following has written the biography of Buddha, Buddhacharita?
The Krishna Raja Sagar Dam is constructed on which river?
Committee on Banking Sector reforms (Narasimham Committee 2) submitted its report in?
‘PCA’ Stands for?
Recently A cylone Named “Asani” was in news. What does this name mean?
"Ossuary Feast" festival is celebrated in which Indian union territory?
The Patalkot valley, known for its rich indigenous culture, is located in which Indian state?
Demat accounts are maintained with Depository Participants