Question

Depreciation is not calculator on current asset

Answer 1

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Straight-Line Method:-

• Subtract the asset's salvage value from its cost to determine the amount that can be depreciated.
• Divide this amount by the number of years in the asset's useful lifespan.
• Divide this amount by the number of years in the asset's useful lifespan.Divide by 12 to tell you the monthly depreciation for the asset.