percyval

What is a Straight line method?

Explain Straight line method briefly.

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bairloy

In this method, a fixed amount is calculated by a formula. That fixed amount is charged every year irrespective of the written down value of the asset. The formula for calculating the depreciation is given below:In this method, depreciation is calculated on written down value. In the first year, depreciation is calculated on cost. Afterwards written down value is calculated by deducting accumulated depreciation from the cost of that asset (cost – accumulated depreciation) and depreciation is charged on that value. Source:http://in.docsity.com/en-docs/Qouted_Companies-Financial_Accounting-Lecture_Handout_

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larryp

Disparagement can be worked out for the billed price of the particular property.

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