Question

In straight line method of depreciation which is excluded

Answer 1

Answer:

Straight-Line Method of Depreciation. Depreciation is the method with the help of which the value of the asset is diminished over its useful life. ... The decrease in the value of assets is known as depreciation expense and this cost is charged to the asset to decrease its value.

Answer 2

In the Straight-Line Method of Depreciation, the Expected Salvage Value is excluded. The correct option is (D).

Know more about the Straight-Line Method of Depreciation and its uses:

• Straight-Line Method is a type of depreciation that is depreciated on a fixed amount every year.
• The rate of the depreciation value remains constant every year.
• It is used to calculate depreciation expenses equally every year with this simple method.
• Depreciation is the scrap value of an asset.
• It is recorded in the depreciation expenses A/C on the debit side.
• The options are (A) The useful life of the assets, (B) cost of the assets, (C) annual cost of repairs, and (D) expected salvage value​.