Accounting for IGCSE & O level - Accounting Procedures (Section 13 - No. 10)

Which of the following is considered an advantage of the straight-line method of depreciation?
It is simple to calculate
It best matches the expense with revenue
It uses the asset's current market value
It provides the most accurate picture of asset usage

Explanation

The straight-line method is simple to calculate because it is applied equally over the assets lifespan

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