Accounting for IGCSE & O level - Accounting Procedures (Section 24 - No. 42)

Which methods of depreciation is appropriate for assets that provide benefits that decrease equally each year.
Straight-line method
Reducing balance method
Revaluation method
Sum-of-the-years' digits

Explanation

The straight-line method applies a constant amount of depreciation, therefore it is appropriate.

Comments (0)

Advertisement