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straight line method
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Accelerated depreciation method?
Accelerated depreciation is method in which double rate for depreciation is used as compare to straight line method.
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.
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.
What is MT and MSL in accounting depreciation method?
MT and MSL are two depreciation methods used in accounting. They are based on the linear method of depreciation.
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.
What are the basic method of depreciation?
http://en.wikipedia.org/wiki/Depreciation#Straight-line_depreciation
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
For income statement purposes depreciation is a variable expense if the depreciation method is?
Units-of-production
What is the depreciation method with successive reductions in depreciation over life of asset?
declining - balance
What is the different between straight line method and reducing balance method result?
The straight-line depreciation method allocates an equal amount of depreciation expense over the useful life of an asset, resulting in a constant annual depreciation expense. In contrast, the reducing balance method accelerates depreciation expense by applying a fixed percentage to the remaining book value of the asset each year, leading to higher depreciation charges in the early years of the asset's life.
What method of depreciation does Target Corp use on their financial statements?
According to their annual report, Target generally uses the accelerated depreciation method.
