When the reserve is invented in out side securities, it is know as

Under________ method of depreciation, the amount of depreciation goes on decreasing year after year.

Under written down value method the rate of charging depreciation year after year_______.

General reserve is also called as_________.

________ means amount set aside out of profit.

The reserve that is created out of profit to meet any unforeseen contingency is called_________reserve.

Assets acquired for prolonged use are known as________ assets.

Obsolescence means fall in the value of assets due to

Which of the following assets is normally assumed not to be depreciated.

_________ cannot be correctly calculated under depreciation on fixed assets is duly charged as a business expenses.