Day: April 6, 2019

straight line depreciation mehtod

Straight line depreciation or Original cost method | definition – example

Definition of straight line depreciation A straight line method of depreciation requires a fixed amount of depreciation to be charged on the assets every year. This method also called original cost method, fixed installment method, equal installment method. The depreciation is calculated on the original cost of the assets. The original cost is the acquisition …

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