Under written down value method of Depreciation, the WDV of the asset is always:
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.
Which one of the following best describes the term ‘Exclusome’, seen in the news recently?
MSME day is celebrated on which date every year?
Which place is said to be Manchester of South India?
In its revision, in January 2015 the Central Statistics Office (CSO) replaced GDP at factor cost with the _______.
Union Minister Nitin Gadkari has launched the Rs 5600 crore National Highway project in which state?
Chief Minister of which state has launched 'Sabal Yojana' to empower disabled children?
The Indian junior men’s hockey team won Men’s Junior Asia Cup hockey 2023 by defeating which of the following countries?
How many railway stations will be modernized across the country under the 'Amrit Bharat Station' scheme?
Consumer Protection Act, 2019 has replaced which of the following?
Who recently passed away at the age of 83, known as the 'Queen of Rock 'n' Roll'?