A company has bought patents. Which of the following methods is most suitable for providing depreciation on them?

SLM

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WDV

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Sum of year digits

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Any of the above

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Solution

The correct option is A SLM
The simplest way of calculating depreciation for patents is straight line method.

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A company has bought patents. Which of the following methods is most suitable for providing depreciation on them?

The correct option is A SLMThe simplest way of calculating depreciation for patents is straight line method.

The correct option is A SLM
The simplest way of calculating depreciation for patents is straight line method.