answersLogoWhite

0

every person can calculate depreciation easily

User Avatar

Wiki User

13y ago

What else can I help you with?

Related Questions

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

every person can calculate depreciation easily


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.


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


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

Straight line


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

Under straight line depreciation, fixed amount of depreciation is charged to every year while in declining balance method depreciation percentage remains same but depreciation is charged on remaining balance of asset due to which the amount of depreciation is different in every year.


Which is the first year depreciation deduction on a machine with a three-year- useful life which costs 5000 and has no salvage value?

Answer:The depreciation expense depends on the depreciation method, the cost, the residual value and the economic lifetime. Common depreciation methods include: straight line method, accelerated deprecation methods (including the double declining balance method), sum of digits method and production method. Straight line methodAssuming you are using the straight line method, the depreciation expense in the first year is: cost - residual value, divided by the economic lifetime= (5000 - 0) / 3 = 1666.67


Various means of calculation of depreciation?

the straight line method and the writtne down method