which method of depreciation applied if the amount of depreciation same for every year
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Straight line depreciation is often chosen by default because it is the simplest depreciation method to apply. You take the asset's cost, subtract its expected salvage value, divide by the number of years it's expect to last, and deduct the same amount in each year.
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Straight line depreciation is often chosen by default because it is the simplest depreciation method to apply. You take the asset's cost, subtract its expected salvage value, divide by the number of years it's expect to last, and deduct the same amount in each year.
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