Question

what are the merits and demerits of straight line method​

Answer 1

Answer:

Advantages and disadvantages of straight-line depreciation method

Simplicity.

Assets can be written off completely.

Total depreciation charge is known.

Suitable for small businesses.

Useful for assets of lesser value.

Pressure on final years.

Does not have the provision of replacement.

Interest loss.

Answer 2

Answer:

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