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The double declining balance (DDB) depreciation method is an approach to accounting that involves depreciating certain assets at twice the rate outlined under straight-line depreciation. This results in depreciation being the highest in the first year of ownership and declining over time. Given the nature of the DDB depreciation method, it is best reserved for assets that depreciate rapidly in the first several years of ownership, such as cars and heavy equipment.
Who was the chairman of the drafting committee?
Who is popularly known as the “Founder of Modern Rajasthan”?
Barren Islands is which kind of Volcano?
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Who was the first Governor-General of India?
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___________ is the oldest city of Himachal Pradesh?
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