The formula for calculating depreciation using straight line method is

Question 1 Report

The formula for calculating depreciation using straight line method is

\frac{Scrape Value + Sales}{U s e f u l l i f e}

\frac{Cost - Scrape Value}{U s e f u l l i f e}

\frac{Sales - Scrape Value}{U s e f u l l i f e}

\frac{Purchases + Sales}{U s e f u l l i f e}

Accounting Concepts

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