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Plant assets consume major portion of the resources. Selection of various depreciation methods effects the financial statements in different ways. Explain the statement by applying
Plant assets consume major portion of the resources. Selection of various depreciation methods effects the financial statements in different ways. Explain the statement by applying various methods of depreciation (at least 3 methods) on the same data for 5 years taken from any annual report. Explain the difference arising out of application of various methods. Present your results in a tabular form
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