Tags Business Accounting and Bookkeeping

Animals & Plants Arts & Entertainment Auto Beauty & Health Books and Literature Business Electronics Engineering & Technology Food & Drink History Hobbies Jobs & Education Law & Government Math People & Society Science Social Studies Sports Travel & Places

0

Subjects>Business>Accounting

What is srtaight line method?

Anonymous

∙ 11y ago

Updated: 9/24/2023

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

Wiki User

∙ 11y ago

Still curious? Ask our experts.

Chat with our AI personalities

Lao

The path is yours to walk; I am only here to hold up a mirror.

Chat with Lao

Devin

I've poured enough drinks to know that people don't always want advice—they just want to talk.

Chat with Devin

Maxine

I respect you enough to keep it real.

Chat with Maxine

Add your answer:

Earn +20 pts

Q: What is srtaight line method?

Write your answer...

Submit

Still have questions?

imp

Continue Learning about Accounting

Line of sight method?

Line of sight is a method that is used in schools. This method is to see a image of a object.

What depreciation method does target use?

the straight line method

Straight line method of depreciation?

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.

Accelerated depreciation method?

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

When is the reducing balance method more suitable than the straightline method?

in what circumstances is the reducing balance method more appropriate than the straight line method?

Trending Questions

What does it mean when an accout on your credit report says closed but there is still a balance? How to tell from pay stub how many deductions were claimed on W-4? How long do you keep company records after liquidation? How long do debit card take to come out of your account? Advantages of paper based database? Advantages and disadvantages of cost accounting? When is cash out refinaciation a good option? Address to file 941 quarterly tax returns? What type if tax is a sales tax? Does eBay account cost money? The positive difference between revenue and costs? Why Closing entries prepared? How does the flat tax work? Why does net asset value of a business not change when assets are purchased on credit? How do you figure out weekly payroll? Who can claim Head of household on a federal income tax return? Can a business have an interest-bearing checking account? What is the purpose of I statements? The Owner's Capital Account of a sole proprietorship is credited when? Do you have to file state taxes every year?

Related Questions

How many dagrees are a srtaight line?

180 dagrees DUHHHHHHHHHHHHHHHHH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

What horse won 19 srtaight races?

Zenyatta

You got it srtaight from the horses mouth?

you got it straight from the source

Line of sight method?

Line of sight is a method that is used in schools. This method is to see a image of a object.

Is the srtaight of gibalter the waterway that separates Europe from Asia?

No, the Strait of Gibraltar separates Europe from Africa.

What is the fastest depreciation method?

straight line method

What is goodness in Latin?

all i know is the word good which is bonus. the english word bonus is srtaight out of the latin language.

Who invented assembly-line method of production?

Henry Ford invented the assembly-line method of production

What depreciation method does target use?

the straight line method

How do you a move a picture from one line to another line using drag and drop method?

how to move a picture from one line to another line using drag and drop method

How do you you move a picture from one line to another line using drag and drop method?

how to move a picture from one line to another line using drag and drop method

Straight line method of depreciation?

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.

Still have questions?

imp

Resources

Top Categories

Product

Company

Copyright ©2025 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.