Question on: WAEC Accounting - 2015

Which of the following is not a method of depreciating fixed assets?

A
Revaluation
B
Straight Line
C
Diminishing balance
D
Obsolescence
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Correct Option: D

Depreciation methods

  1. Straight-line
  2. Double declining balance
  3. Units of production
  4. Sum of years digits
  5. Revaluation

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