Straight Line Depreciation Method

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Straight-line Method:
The most widely used method is straight line method. Under this approach, an equal portion of depreciable amount of an asset is allocated to expense in every period of assets’ estimated useful life till the asset remain in use.

Formula is given here,

Depreciable Cost
Estimated useful  Life

List of Depreciation Methods

For video link please click here
https://www.youtube.com/watch?v=hUV_xnsTCHM&t=251s

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