The depreciation during the year 'n', in diminishing balance method of depreciation calculation, is calculated by multiplying a fixed percentage 'N' to the

[A].	initial cost.
[B].	book value at the end of (n - 1)th year,
[C].	depreciation during the (n - 1)th year.
[D].	difference between initial cost and salvage value.

Answer: Option B

Explanation:

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