Question

Difference between straight line method and written down value

Answer 1

Explanation:

n straight-line method, depreciation is calculated on the original cost. On the other hand, in the written down value method, the calculation of depreciation is on the basis of written down value of the asset. ... In contrast, the amount of depreciation in WDV method diminishes every year.

Answer 2

Answer:

Aɴsᴡᴇʀ :

Straight Line Method (SLM)

• It is a method of calculating depreciation where a fixed amount of depreciation is charged to the assets

Written Down Value Method (WDV)

• It is a method of calculating depreciation where there is a fixed rate of interest that is charged to the assets