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Write short notes on: Method of Depreciation and formula for each method
written 6.2 years ago by gravatar for yashshah yashshah • 140 modified 4.9 years ago by gravatar for prashantsaini prashantsaini • 0
construction engineering
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written 6.2 years ago by gravatar for teamques10 teamques10 ★ 69k

Definition: Depreciation is simply the protrating of machine consumption over its useful life.

Following are the methods of calculating depreciation:

Straight line method:

This method assumes that the loss of value of machine is directly proportional to its age i.e. value of the machine decreases from the purchase cost to …

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