यदि एक मशीन ₹2,00,000 में खरीदी जाती है, जिसका अनुमानित अवशिष्ट मूल्य ₹20,000 है और अनुमानित उपयोगी जीवन 5 वर्ष है, तो सरल रेखीय विधि (SLM) का उपयोग करके वार्षिक मूल्यह्रास शुल्क क्या है?

The depreciation of fixed assets is recorded in accounting to:

Consider the following statements regarding Depreciation: 1. Depreciation represents a systematic allocation of the depreciable amount of an asset over its useful life. 2. Depreciation is charged only when the market value of the fixed asset declines below book value. 3. Depreciation is recorded as an expense in the profit and loss account. Which of the statements given above are correct?