A method that allocates an equal portion of the total depreciation for a plant asset (cost minus
Question:
A method that allocates an equal portion of the total depreciation for a plant asset (cost minus salvage) to each accounting period in its service life is
a. Accelerated depreciation.
b. Units-of-production.
c. Straight-line depreciation.
d. Sum-of-the-years’-digits depreciation.
e. Declining-balance depreciation.
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The correct answer is c Straightline depreciation Straightline depreciation is a method of allocating an equal portion of the total depreciation for a ...View the full answer
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