every person can calculate depreciation easily
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 is method in which double rate for depreciation is used as compare to straight line 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.
the straight line method
Straight line
every person can calculate depreciation easily
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 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
Accelerated depreciation is method in which double rate for depreciation is used as compare to straight line 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.
the straight line method
Straight line
Straight line
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.
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
the straight line method and the writtne down method