Question

Given the same rate of depreciation, assets depreciate faster in which method of depreciation?

Answer 1

Answer:

straight line value method

Answer 2

$\huge\boxed{\fcolorbox{red}{yellow}{Shailesh}}$

Sum-of-the-Years' Digits Depreciation

The sum-of-the-years' digits method offers a depreciation rate that accelerates more than the straight-line method, but less than the declining balance method. Annual depreciation is separated into fractions, using the number of years of the business asset's useful life.

$\bf\huge\underline\red{Follow me}$