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Q: What are the advantages of using a straight line method?
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What is the fastest depreciation method?

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.


Is office furniture depreciated by the straight-line method?

Yes, office furniture is typically depreciated using the straight-line method, which evenly spreads the cost of the furniture over its useful life. This method allocates an equal amount of depreciation expense each year until the furniture's value reaches its salvage value.


What depreciation method does target use?

the straight line method


Diminishing balance method of deprecation in the financial statements be more conservative or less conservative than the current practice of using the straight-line method?

The diminishing balance method of depreciation is generally considered less conservative than the straight-line method as it results in higher depreciation expenses in the earlier years of an asset's life. This reflects a more aggressive approach in recognizing depreciation compared to the straight-line method, which spreads depreciation evenly over the useful life of the asset.


Is it depreciation variable cost or fixed cost?

depreciation is classed as a fixed cost when using only the straight line method. reducing balancing method is classed as a variable cost.


Various means of calculation of depreciation?

the straight line method and the writtne down 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 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 is the advantages of using ruler?

You know the exact measurement of something, wether it is Cenemiters or Inches... You can draw a straight line with the ruler as your guide line... And it's a GREAT object to smack people with!!!


What depreciation method does wal-mart use?

Straight line