Accounting for IGCSE & O level - Accounting Procedures (Section 1 - No. 43)

What is the advantage of the straight-line method of depreciation?
It provides a tax advantage.
It is a relatively simple method of depreciation.
It reflects the actual value of the asset.
It has a higher depreciation expense in the initial years.

Explanation

The straight-line method is relatively simple to use.

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