CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

In which method amount of depreciation remains constant for every year ?

Open in App
Solution

Under straight line method amount of depreciation remains constant for every year. Under this method, a fixed and equal amount of depreciation, calculated at a fixed percentage on the original cost of fixed deprciable asset is written off during each accountingperiod over the expected useful life of the asset.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Comparative Financial Statement
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon