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Start learning 50% faster. Sign in nowThe method of depreciation in which the value of a fixed asset is reduced uniformly over its useful life is called the Straight-line method of depreciation. Under this method, the cost of the asset is spread out evenly over its useful life, and a fixed amount of depreciation is charged in each accounting period. The formula for calculating depreciation under the straight-line method is as follows: Depreciation expense = (Cost of asset – Salvage value) / Useful life
In 2004, NASA launched the Messenger Spacecraft to study
Which organizations participated in the Joint Flood Relief 'Exercise Jal Rahat' conducted by the Gajraj Corps of the Indian Army?
Which type of feedstock is being considered in Uttar Pradesh for producing Sustainable Aviation Fuel (SAF)?
Which location is famously referred to as "The Rice Bowl of Kerala"?
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Which of the following countries does Punjab National Bank (PNB) currently not have a presence in?
Which state/UT has ranked 1 in the Employee Provident Fund Organisation (EPFO) coverage per cent across the country?
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