Question

Under the Straight-Line Method of depreciation,

Q: Answer-Under the Straight-Line Method of depreciation, depreciation is:

In the Straight-Line Method SLM, depreciation is calculated by dividing the depreciable amount cost minus residual value by the useful life. The amount remains constant each year.

depreciation is:

A Charged on reducing balance

B Constant every year

C Increasing every year

D Charged on actual usage

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Under the Straight-Line Method of depreciation,

Solution