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Each of the statements appearing below is descriptive of one or more of the following depreciation methods. Choose the best depreciation methods for each of
Each of the statements appearing below is descriptive of one or more of the following depreciation methods. Choose the best depreciation methods for each of the statement. 1. The depreciation charged by this method decreases by the same amount cach Year. 2. These methods are used for depreciating multiple-asset accounts. 3. These methods allocate Iarger shares of the cost of a plant asset to eipense during the years in which the greatest use is made of the asset. 4. These methods always allocate larger sinaces of the cost of a plant asset to expense during the earlier vears of its life. 5. Once the depreciable base, scrap value. and life of a plant asset are determined. the annual charges to operations under this method will be the sane. Declining-balance, Straight-fine Group Straight-line, Sum-of-the-years'-digits Straight-line Declining-balance, Group Group, Working hours Composite, Straight-line Composite Straight-line, Working hours Declining-balance, Composite Group, Straight-line Units of output Composite, Working hours Decining-balance, Surt-et-the-years'-dlaits Group, Composite Straight-line, Units of outpol Declining-balance Working hours Declining-balance, Units of outbut Declining-belance, Wonking hours Sum-ot-the-years'-dight, Working hous Sum-ef-the-pears'-digts Surt-ol-the-peark-dights Unizs of ouscut Componite, Sum-of-the-vewn'-dgin Croup, Sum-ed-the-verip -dipto Group, Units of ecepol Unts of outhet, wonking nouns Compotite, Unts of outpot
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