Accountancy, asked by gautams18, 4 months ago

what is the formula of deprecation​

Answers

Answered by Anonymous
9

Answer:

Use the following steps to calculate monthly straight-line depreciation: Subtract the asset's salvage value from its cost to determine the amount that can be depreciated. Divide this amount by the number of years in the asset's useful lifespan. Divide by 12 to tell you the monthly depreciation for the asset.

Answered by pintukumar123456
1

Answer:

depreciation expense= remaining useful life of the asset/ sum of the years digits multiply depreciable cost

more about this formula

Use the following steps to calculate monthly straight-line depreciation: Subtract the asset's salvage value from its cost to determine the amount that can be depreciated. Divide this amount by the number of years in the asset's useful lifespan. Divide by 12 to tell you the monthly depreciation for the asset.

Similar questions