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Depreciation method
can companies at their own discretion choose method of depreciation??? or is there any fundamental rule which makes companies liable to choose one method or another.
Replies (1)
companies at own discretion may choose straight line or WDV but after companies act 2013 companies prefer straight line because of easy way of computing depreciation general criteria is if repairs and mainteance are incurred to maintain an asset the preferable method would be WDV
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