Accountancy, asked by gavy53, 1 year ago

what is method of depreciation of sum of the years digit

Answers

Answered by Progyangoswami2002
0

The sum of the years' digits method is used to accelerate the recognition of depreciation. Doing so means that most of the depreciation associated with an asset is recognized in the first few years of its useful life. This method is also called the SYD method.

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