How is depreciation calculated?

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Solution

Depreciation is calculated by using the following formula:

Straight-line depreciation=cost of the asset- scrape / useful life of the asset.

Also read:

MCQs on Depreciation

What Is Depreciation?

What Is Depreciation Expense?

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How is depreciation calculated?

Depreciation is calculated by using the following formula: Straight-line depreciation=cost of the asset- scrape / useful life of the asset. Also read: MCQs on Depreciation What Is Depreciation? What Is Depreciation Expense?

Depreciation is calculated by using the following formula:

Straight-line depreciation=cost of the asset- scrape / useful life of the asset.

Also read:

MCQs on Depreciation

What Is Depreciation?

What Is Depreciation Expense?