Question

What is the difference between the straight-line method and the written down value method?

Answer 1

In the straight-line method of calculating depreciation, a fixed amount is depreciated in every accounting period, while in the written down value method a fixed percentage is depreciated every accounting period.

Also read:

• True and False Questions on Depreciation
• What Is Depreciation
• MCQs on Depreciation
• What Is a Fixed Asset

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