Question

Under which method of depreciation, the value of fixed asset could become to
zero at the expiry of the working life?​

Answer 1

Answer:

Straight-line depreciation is the simplest and most often used method. In this method, the company estimates the residual value (also known as salvage value or scrap value) of the asset at the end of the period during which it will be used to generate revenues (useful life).

Explanation:

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