Accounting for IGCSE & O level - Accounting Procedures (Section 12 - No. 20)
Which depreciation method results in the same amount of depreciation expense being recognized each year?
Reducing balance method
Units of production method
Straight-line method
Sum-of-the-years' digits method
Explanation
The straight-line method allocates an equal amount of depreciation for each year of the assets useful life.
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