example of an asset used for the straight line depr method
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Give an example of an asset that would be 'logical' to use the straight line depreciation method, and why. Then provide an example of an asset where it is more appropriate to use an accelerated method and why.
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The expert examines examples of an asset used for the straight line depr method.
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Hi there,
Accelerated depreciation: It makes sense to use this method on an item that will be depreciating in value rather quickly, like an automobile.
Straightline depreciation: It makes sense to use this method on an item that has more of a steady decline in value, such as a building.
Here is some background info for you regarding depreciation for your reference:
n accounting or taxation, straight-line depreciation of an asset is a depreciation method where equal amounts of depreciation expense will be taken in each year of the asset's useful life. Although it may not provide the most ...
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