What is the straight-line method of depreciation - SS1 Accounting Straight Line/Fixed Installment Method Question
What is the straight-line method of depreciation?
A
A method that assumes the asset depreciates at different rates over its useful life
B
A method that assumes the asset depreciates at an equal rate over its useful life
C
A method that calculates depreciation based on the market value of an asset
D
A method that calculates depreciation based on the amount of revenue generated by an asset
correct option: b
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