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Straight line depreciation method is that method in which fixed amount of depreciation is charged to all fiscal years in which that asset is used.

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Q: Straight line method of depreciation
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Related questions

Depreciation straight line method?

Straight line depreciation method is that method in which fixed amount of depreciation is charged to all fiscal years in which that asset is used.


What is the fastest depreciation method?

straight line method


Accelerated depreciation method?

Accelerated depreciation is method in which double rate for depreciation is used as compare to straight line method.


What is the formula for a straight line depreciation method?

The formula for a straight line depreciation method is the Cost minus the Salvage Value over the Life in Number of Periods which will equal Depreciation.


What depreciation method does target use?

the straight line method


What depreciation method does wal-mart use?

Straight line


How is the straight line depreciation method different from declining balance method?

The straight-line depreciation method allocates the cost of an asset evenly over its useful life, while the declining balance method applies a fixed depreciation rate to the asset's declining book value each year. Straight-line method results in equal annual depreciation expenses, while declining balance method typically yields higher depreciation expenses in the early years of an asset's life.


Which type of depreciation method accelerates depreciation in the early years of an asset life?

Straight line


Various means of calculation of depreciation?

the straight line method and the writtne down method


Why straight-line is the most common depreciation method used?

every person can calculate depreciation easily


Why straight line is the most common depreciation method used?

every person can calculate depreciation easily


What is srtaight line method?

Straight line method of depreciation is that under which any asset is depreciated in equal amount for every year till salvage value. Formula for straight line method: Depreciation = (Cost price - Salvage Value)/Number of years