The value of an asset determined by tax authorities for the purpose of calculating taxes.

The original cost of a plant asset minus accumulated depreciation.

Depreciation is the process of -

Main objective of charging depreciation is-

Depreciation arises due to -

Depreciation is provided on -

Factors taken into consideration for providing depreciation are -

Depreciation arises because of -

Characteristic of a depreciation is -

S=RM2,000C=RM25,000n=6 yearsFind the annual rate of depreciation using the reducing balance method.