Question

Under the straight line method of depreciation, the amount of depreciation is :

• A. Same every year
• B. Reduced every year
• C. Increased every year
• D. All of these

Answer 1

The correct option is A Same every year

Under straight line method, a fixed amount of depreciation, calculated at a fixed percentage on the original cost fixed depreciable asset is written off during each accounting period over the expected useful life of the asset.