Various accounting principles are used for verifying the expenses and sales for the time period in which they occurred. Straight line basis can be determined by subtracting the cost of the asset and the expected salvage value, and dividing the amount by the expected number of years the asset will be used.īack to: Accounting & Taxation How is the Straight Line Basis Depreciation Used? It is one of the easiest ways to ascertain the decrease in an assets value over a given period of time. Straight line basis, also called straight line depreciation, refers to a measure of determining depreciation and amortization on assets. Update Table of Contents What is the Straight Line Basis of Depreciation? How is the Straight Line Basis Depreciation Used? Example of Straight Line Basis Advantages and Disadvantages Academic Research on Straight Line Basis What is the Straight Line Basis of Depreciation?
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