A method of depreciation whereby the amount to recover is spread uniformly over the estimated life of the asset in terms of the periods or units of output. Straight line method Sinking fund method Declining balance method Sum of the Years Digit method
A method of depreciation whereby the amount to recover is spread uniformly over the estimated life of the asset in terms of the periods or units of output. Straight line method Sinking fund method Declining balance method Sum of the Years Digit method
Century 21 Accounting General Journal
11th Edition
ISBN:9781337680059
Author:Gilbertson
Publisher:Gilbertson
Chapter19: Accounting For Plant Assets, Depreciation, And Intangible Assets
Section19.2: Calculating Depreciation Expense
Problem 2AYU
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A method of depreciation whereby the amount to recover is spread uniformly over the estimated life of the asset in terms of the periods or units of output.
Straight line method
Sinking fund method
Declining balance method
Sum of the Years Digit method
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