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The method of depreciation in which the value of a fixed asset is reduced uniformly over its useful life is called the Straight-line method of depreciation. Under this method, the cost of the asset is spread out evenly over its useful life, and a fixed amount of depreciation is charged in each accounting period. The formula for calculating depreciation under the straight-line method is as follows: Depreciation expense = (Cost of asset – Salvage value) / Useful life
Consider the following statements about UNESCO Asia-Pacific Awards for Cultural Heritage Conservation 2023:
1. Recently, three herita...
What is the innovative AI model unveiled by Google's DeepMind team?
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New chairman of Film Television Institute of India is _________
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